Asset Management for Endowments & Foundations: Improving Investment Performance & Reducing Management Costs [Hardcover]

William Schneider (Author), Robert Dimeo (Author), Robert Cluck (Author)

Book Description

Publication Date: June 1, 1997

This excellent and thorough guide to asset management for foundations and endowments of $1 billion or less can help your foundation or endowment achieve these goals. The result? More money for your foundation's objectives - and more assurance that, in all market conditions, those objectives will continue to be funded. This expert-authored guidebook gives you step-by-step directions for putting to work asset allocation methods appropriate for foundations and endowments. It tells you how to take full advantage of state-of-the-art financial techniques currently being used by multibillion dollar foundations. It shows you how your foundation or endowment assets can be managed for maximization of both capital growth and income return.

Editorial Reviews

From the Back Cover

The one book that will help you manage foundation or endowment assets. If you have fiduciary responsibility for a foundation or endowment, you're one of the best and brightest in our society. But unless you specialize in managing foundation and endowment assets, your input could be hurting the very foundation you want most to help. New laws, new complexity in the financial arena, and new understandings specific to foundations and endowments have made this area of financial management an extremely challenging field. Written by experts in foundation and endowment asset management and aimed at foundations with assets of 1 billion or less, this enlightening book can help you steer your foundation to new growth. Packed with cutting-edge financial tools, it can help you select a superlative investment manager or wisely manage the foundation's assets yourself. It can help you improve investment performance, reduce management costs--and create more funds to fulfill your foundation's high aims. In these authoritative chapters, you'll get step-by-step guidance on allocating foundation and endowment assets--a clear explanation of why learning the new procedures is worth your time--and guidance on exactly what you need to do.

Product Details

• Hardcover: 300 pages
• Publisher: McGraw-Hill Companies; 1 edition (June 1, 1997)
• Language: English
• ISBN-10: 0786310707
• ISBN-13: 978-0786310708
• Product Dimensions: 8.9 x 6.3 x 1.2 inches
• Shipping Weight: 1 pounds
• Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #926,989 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

5.0 out of 5 stars How to Do It the Right Way, February 15, 2000

By A Customer

This review is from: Asset Management for Endowments & Foundations: Improving Investment Performance & Reducing Management Costs (Hardcover)

This book is an excellent reference for a foundation or endowment board member trustee. The process of investing is laid out for the reader to follow in detail. This is the best reference book that I have found on the subject of investing foundation and endowment assets.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Conceptual Clarity in Charity, August 17, 2000

By 

Sanjay Agarwal (India) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: Asset Management for Endowments & Foundations: Improving Investment Performance & Reducing Management Costs (Hardcover)

Surprisingly interesting to read. The authors use reasonably sized sentences. You absorb important concepts about endowment management without realising that you are reading a technical book. The charts and graphics, coupled with real life examples, make this book come alive. A good buy for people who are involved in Endowment management at non-profits as trustees, directors or accountants.

A little bit of colour in text and graphics would help, though.

2 of 2 people found the following review helpful:

4.0 out of 5 stars Good overview of the topic aimed at the trustee, December 27, 1998

By A Customer

This review is from: Asset Management for Endowments & Foundations: Improving Investment Performance & Reducing Management Costs (Hardcover)

This book offers an excellent overview of the management of assets for non-profit organizations. For those unfamiliar with investment jargon, it may be a tough read, however all the modern approaches are described. One criticism may be the lack of spending policy options which may be useful to many.