This book provides comprehensive information for nonprofit organizations, its directors, trustees, and development officers to make sound investment decisions.Content covered include topics such as the importance of establishing investment policies, creating an investment committee, and developing financial goals.The book is written in a language suitable for both the financial and non-financial individuals.There is also a glossary section of financial terms used throughout the book.Besides providing a solid background and overview of issues nonprofit organizations need to think about, the author gives many examples, including typical conversation that may occur in a board meeting and the methods to prevent such conflicts from happening.Finally, the appendixes sections contain many helpful templates, including investment policies form, monthly/quarterly reports, and some sample legal document agreements.One of the very few books of its kind, (investment for nonprofit organizations) this book is definitely worth the time for nonprofit organizational officers or the general interested reader.
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