ASAE has launched the ASAE Endowment, Foundation & Investment Reserves Program. Through the investment expertise of DiMeo Schneider & Associates (DSA), the program offers a unique suite of investment advisory services designed specifically for associations and nonprofit organizations’ endowments, foundations and association reserves regardless of the size of funds that needs to be managed.
“ASAE members need investment advisory services that are designed to meet their unique investment needs,” said ASAE Business Services, Inc. President Betsy Piper/Bach.
“Association staff and leadership have fiduciary duties when it comes to managing members’ funds, and we’re excited about this new program. The program provides both turnkey and customized investment solutions for association reserves, endowment, and foundation assets.”
Through the ASAE Endowment, Foundation & Investment Reserves Program, DiMeo Schneider will offer an investment solution addressing these needs of associations. In the program, organizations will have access to a series of diversified, low-cost portfolios across an array of return and risk profiles, which will be assembled and managed via a manager research process. The program also encompasses fiduciary best practices, which include the development of written investment policy statements, ongoing performance reporting, and access to thought leadership and educational programs for staff and volunteer leadership.
“The ASAE Endowment, Foundation and Investment Reserves Program is another way that ASAE is delivering on its commitment to engage with and support associations as well as the employees,” Piper/Bach added.
DiMeo Schneider & Associates, L.L.C., is recognized as a top-40 worldwide investment consulting firm by Pensions & Investments based on assets under advisement in each of the past eight years. It has over $78 billion in assets under advisement as of December 31, 2017, and it currently advises more than 100 associations and nonprofit organizations throughout the country. The firm has offices in Chicago, Austin, and Washington, DC.
To learn more about the ASAE Endowment, Foundation & Investment Reserves Program, visit absisolutions.com/efr.html