ENDOWMENT What did we learn in 2008 that we can apply to plans for 2020? 1.

Slides:



Advertisements
Similar presentations
 Planned Giving Considers ◦ Donor’s personal goals ◦ Donor’s charitable goals ◦ Most effective gifts  Effective planning enhances all gifts ◦ Expands.
Advertisements

School Community Councils Tuesday, March 23, 2010.
A Possible Strategic Plan Concept for St. Paul’s Southampton.
INITIAL ON BOARDING COACHING
1 Journeying Together. THE WIDER WORLD A VISIBLE PRESENCE FAITH AND VALUES WORSHIP.
Congregational Planned Giving Program. Introduction $25-45 trillion in wealth will transfer between now and 2052 Only 30% of Americans have developed.
“Hope is Not a Strategy…Managing During Good Times and Bad” 11 th Annual Connecting for Children’s Justice Conference Nancy Chandler, ACSW CEO Georgia.
CPLOM – Endowment Opportunities Sharing and mentoring with CPLOM Delegates, Board of Directors, hired leadership and staff.
Committee Introduction to Young Life. Introducing adolescents to Jesus Christ and helping them grow in their faith. Young Life’s Mission Statement.
Understanding Boards Building Connections: Community Leadership Program.
District 5750 Presidents-elect Training Seminar Moush Tourian District Governor Nominee Weatherford Rotary Club Roles and Responsibilities 1.
Board Recruitment. Why recruit? Effective conservation districts have outstanding and qualified board members. A diverse district board will be better.
Mission Shaped Leadership Workshop Corporate Relationships.
Strategy for Excellence Leadership Development & Succession Planning Carl L. Harshman & Associates.
LIVING WELL FOUNDATION  Living Well Foundation was established to receive, invest and administer tax- deductible contributions for the benevolent support.
LEADERSHIP DEVELOPMENT (34 SLIDES).
Education It has been said that continued education is the path to a successful career. How have you embraced education and what can the PGA do to inspire.
Ambition for Mission Paul Winstanley Stewardship Adviser Diocese of Ripon & Leeds.
THE HR APPRENTICERICHMOND THE HR APPRENTICE RICHMOND Marvelous Membership Mavericks.
Cargill Associates Architects in Philanthropy. 1. Narrow focus on immediate needs 2. Unengaged constituency 3. Weak Case for Support 4. Untested goals.
AN INVITATION TO LEAD: United Way Partnerships Discussion of a New Way to Work Together. October 2012.
Passing the Hat 2.0: Charitable Giving Goes Low Maintenance Passing the Hat 2.0: Charitable Giving Goes Low Maintenance Presentation by Regina Q. Jahr,
The Integrated Ask: Annual, Capital, Legacy, Oh My! Meredith Dragon & Scott Kaplan October 19, 2010.
Kay Sohl Making the Case for Endowment Giving in the Midst of Recession September 10, 2009.
Copyright © 2011 The McGraw-Hill Companies All Rights ReservedMcGraw-Hill/Irwin Chapter 1 Strategic Planning and the Marketing Management Process.
CREATING ACTION PLANS  Colonial-Cambridge All Rights Reserved Site Update Action Teams.
Speed Skating Canada Strategic Plan Review Speed Skating Canada Patingage de vitesse Canada Objectives Aware of framework for successful change.
Title (edit on Master Slide) Subtitle. Title (edit on Master Slide) Subtitle Working as A Board TEAM for Successful Board Management Presenter: Deb Fritz.
Copyright © 2013 Intel Corporation. All rights reserved. * Other names and brands may be claimed as the property of others. Fundraising Planning for Education.
Roles and Responsibilities Of the library trustee NJLTA New Jersey Library Association.
2004 National Oral Health Conference Strategic Planning for Oral Health Programs B.J. Tatro, MSSW, PhD B.J. Tatro Consulting Scottsdale, Arizona.
Report of the Synodical Council. Synodical Council Membership Synod President as chairman First and second vice presidents 12 lay members (one from each.
GBA IT Project Management Final Project - Establishment of a Project Management Management Office 10 July, 2003.
Trends in Corporate Governance Dr. Sandra B. Richtermeyer, CMA, CPA President, Institute of Management Accountants (IMA) June 21, 2011.
Advancing the Mission Building a Diocesan Culture of Philanthropy National Catholic Development Conference September 13, 2013 Sarah O. Hanley ~ Director.
Parish Leaders Workshop (02/28/15) MISSION STATEMENT: Grow and develop congregations spiritually, numerically and in missional leadership.
Mission Investing and Foundation Boards. What Boards Need to Know About Mission Investing Five Strategic Questions: – What is it? – Why do it? – Can we.
Youth for Christ Board of Trustees Training 2-Hour Training (December 2010)
Dollars & $ense How to Build a Development Program.
IT Strategic Planning.
Succession Planning Ray Scott, CFPIM, CIRM President, APICS – St. Louis Chapter Ensuring Continued Success for Your Chapter.
Take Charge of Change MASBO Strategic Roadmap Update November 15th, 2013.
Concern Universal Vacancy Director of Income Generation and Communications.
Board Room Basics PaLA Annual Conference 2015
Asset Management Overview …. What is Asset Management? Answers: What do we own? What is it worth? Where is it? What kind of shape is it in? What are the.
STRATEGIC PLANNING or If You Don’t Know Where You’re Going You’re Bound to End Up Someplace Else.
What is a Qualified Community Foundation? Tax-exempt, independent, publicly supported philanthropic organization Tax-exempt, independent, publicly supported.
SESSION 8: STRATEGIC PLANNING & GOALSSETTING District 3310 PETS 2010/11 Session 8: Strategic Planning and Goals Setting.
A Presentation for Leadership.  How does gift planning fit into the parish’s income producing program?  What is a gift that is “planned?”  The most.
Time to answer critical and inter-related questions: Whom will we serve? What will we offer? How will we serve them?
Synodical Council Report. “In Christ Alone” Long-Range Plan Adopted by 2011 Convention, looking toward 2017 SC oversees areas of ministry and departments.
Board Assessment Governing Board Online Training Module.
Chapter 5 5 Planning C H A P T E R. Outcomes Differentiate between strategic planning and master planning. Understand the strategic and master planning.
CHB Conference 2007 Planning for and Promoting Healthy Communities Roles and Responsibilities of Community Health Boards Presented by Carla Anglehart Director,
Marketing II Chapter 2: Company and Marketing Strategy Partnering to Build Customer relationships
1 Measuring Impact Guide This guide is an introduction to assessing the impact and spending effectiveness of your district’s initiatives and the resources.
 FIN 380 Week 1 Individual Assignment Nonprofit Organization Overview  FIN 380 Week 1 DQ 1  FIN 380 Week 1 DQ 2  FIN 380 Week 1 DQ 3  FIN 380 Week.
Increase Planned Giving Commit today to an improved tomorrow 1.
Where there’s a will, There’s a way. PRACTICAL PLANNED GIVING Julia Wood Director of Donor Services.
Meeting Planners Association
Annual Plan Earlier this week, the SNA Board reviewed the progress we have made to date on the new Strategic Plan that was introduced last year.
CLUB SERVICE PROJECTS By: PP Ronnie Tan RC of Belait PETS – 2009/10.
The Simple Secrets (and Guide) to Drafting Endowment Policies
Asset Management Overview …
Building Leadership Capacity Difficult Discussions
Building Leadership Capacity Difficult Discussions
2016 Virginia Synod Fall Conference Gatherings
CHAPTER 14 SETTING A DIRECTION FOR INFORMATION RESOURCES
CHAPTER 14 SETTING A DIRECTION FOR INFORMATION RESOURCES
Asset Management Overview …
Presentation transcript:

ENDOWMENT What did we learn in 2008 that we can apply to plans for 2020? 1

Vision and Mission What does your church hope to accomplish with its endowment? How does your endowment potentially improve the world beyond your parish? 2

Fitting into the larger context How do these visions and missions fit into the larger structures of:  Your parish  your convocation  Your community  Your diocese  The national church  The worldwide Anglican community 3

Role of Endowment Directors What is the role of directors of church endowment? Does the endowment serve the parish, too?  How do they carry out this responsibility?  What attributes do you look for in a director?  What characteristics do you look for?  Where within your parish do you look for director candidates?  Do you have outside directors? Why? 4

Fiduciary Oversight How are portfolio performance reports presented at your director meetings? What would you like to know from directors of other endowments about how they conduct their financial progress reviews? Who presents performance reports to your directors? How often during the year is performance reviewed? 5

Any New Reporting Practices? Have you adopted any changes in the way financial updates are presented? What advantages do you anticipate or have you experienced as a result of these changes? 6

Investment Practices Have you made recent changes:  Introducing new types of investments?  Changing asset allocations?  Utilizing target allocations?  Regarding the volume of trading activity?  Additional… Are you seeing benefits to any of these changes? 7

Differentiating Personal Investment and Endowment Oversight What are the differences you see between personal investment tactics and endowment investment tactics? How do these differences inform what you might do to prepare endowment directors for their roles? 8

Social Responsibility Have you considered adopting guidelines for socially responsible investing for your endowment? What might make such an approach possible in the future? What examples within the Episcopal Church framework might help address socially responsible investment? 9

Investment Performance What has been your experience on endowment portfolio return recently? What can we learn from each other’s experience? 10

Distribution Policies Do you distribute a fixed percentage or do you set your percentage year to year? If you set it year to year, do you have a ceiling identified? A floor? Do you use a trailing three year average? A trailing five year average? A trailing 12 quarter average? A trailing 13 quarter average? 11

Changes to Distribution Policies Have you recently made any changes to your distribution policy? How is that working for your parish? When you make changes, are their implications for your endowment fund agreements, if you have written agreements? How do you handle that? 12

Making your Annual Distribution Decision When during the year do you project what your distribution will be? If you are setting a percentage year to year, how do you decide what that will be? What type of written communication flows between your Vestry and Endowment Committee or Foundation? What other communication practices do you utilize in connection with your distributions? 13

More Endowment Policies Do you have questions about policies for other parish endowments: o Bylaws o Gift Acceptance Policy o Endowment Fund Agreement o Named Gift Policy o Guidelines for Establishing New Endowment Funds o Investment Policy Statement o Distribution Policy 14

Building Endowment What do you do to attract gifts to your endowment? If you invest in professional support or collateral materials, how do you pay for those? Do you maintain any unrestricted funds in your endowment? 15

Why Give? What will motivate a donor to give to your parish endowment? Is giving motivation today the same as it has always been? If you are experiencing changes, what are they? 16

What are the implications of donor gift direction? Do you have donor designated endowment funds now? What do these accomplish for your parish? What would you like to see going forward? Are there advantages to funding values or strategies instead of specific programs? How can we make this doable with endowment? 17

Six Ways to Grow 6 ways to grow together: 1.Annual Report of the Foundation – show the opportunity to donors; 2.A regular gathering of Parish Leaders and Endowment supporters; 3.A Foundation Sunday each year; 4.Calls by those with endowment commitments on those who may have an interest in giving; 5.Stories of giving 6. An annual query of endowment giving interest, varying method of delivery. 18

Responsibility Assignments Who in your parish is responsible for attracting new gift commitments to endowment? How is this responsibility coverage is working for you? How might it be improved. What challenges do you face? What are realistic ways these challenges might be answered? 19

What are your hopes and dreams for your parish? Do these hopes and dreams inform some additional ideas for endowment management and endowment building? Do these ideas suggest conversation and presentation topics to explore in more depth at future CEEP conferences? 20

What did we learn in 2008 about endowment? 21

What does our new knowledge suggest for future plans? How can our experience in 2008 make us better parish stewards as we prepare for 2020? How can the presence of our endowment make our parish more vibrant and dynamic? How do we better integrate endowment building with parish strategies generally? 22

Living successfully with what is Does your parish have endowment policy restrictions that need special consideration? What are they? What ideas have surfaced during our conversations together that might suggest useful pathways to dealing with these restrictions? 23

Vision and Mission Revisiting the visions and missions that opened our conversation, do we have new thoughts to add now? 24