Post Covid: Endowments have made the A-List
This report provides timely insights and trend updates for nonprofits that are seeking to build out their endowment programs. The Wilmington Trust OCIO/Endowments & Foundations team categorizes them as investment trends and fundraising trends, since these are the two key ways to grow endowment funds.
In these post-Covid times, many nonprofits are reassessing their strategic plans, endowment strategies, and fundraising goals. Many have decided to start or grow their endowment programs to build their financial strength, enhance revenues, and provide a cushion in times of stress. Diversification of revenue is a key theme as the Paycheck Protection Program funds available through the Coronavirus Aid, Relief, and Economic Security (CARES) Act have come to an end.
Endowment programs have become more of a priority and key focus for many nonprofits. At the same time, we believe that nonprofits that take a holistic approach in their endowment building will have more successful endowment programs in the long term. This report can help nonprofits monitor the key trends that are impacting endowments today.
Please visit our Endowments & Foundations resource center to learn more about the services we can provide for nonprofit organizations.
Please see important disclosures at the end of the article.
This article is for educational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service or as a determination that any investment strategy is suitable for a specific investor. Investors should seek financial advice regarding the suitability of any investment strategy based on their objectives, financial situations, and particular needs. This article is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of a professional advisor should be sought. There is no assurance that any investment, financial, or estate planning strategy will be successful.
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