The Practical Guide to Managing Nonprofit Assets (PDF)

"The authors have provided an interesting and helpful resource tounderstand and manage the nonprofit organization's investments. Ibelieve that this book should be in the library of all nonprofitpractitioners that are concerned about prudent stewardship."
--Jim Croft, PhD, Vice President, Finance and AdministrationThe Field Museum (Chicago, Illinois)
"This book is a straightforward, well-written guide to thestrategies and administration of investment assets of nonprofitinstitutions. It relies on the principles of modern portfoliotheory in emphasizing asset diversification, performancemeasurement, and careful manager selection. It debunks much of whatpasses for 'investment advice' in the popular media. To theircredit, the authors describe the challenges, factors, and actors inthe investment industry, from the perspective of the individualsand committees charged by nonprofit institutions swith investmentoversight responsibility."
--John E. Allerson, Senior Vice President, Finance andOperations and Chief Financial Officer, Roosevelt University(Chicago, Illinois)
"I would consider this book 'Investments 101' for anyone whodeals with overseeing investments of a company, whether it is aprofit or nonprofit. Yet, at the same time, it would help allinvestors, small or large, in dealing with their own individualportfolios. DiMeo, Schneider, Benoit, et al. have organized thebook in such a way that each chapter deals with the very essence ofhow to structure an investment portfolio and how to look at thecomplex environment in an easy way."
--Kevin Higdon, Vice President of Finance Elkhart GeneralHospital (Elkhart, Indiana)
"From modern portfolio theory to the role of the fiduciary,The Practical Guide to Managing Nonprofit Assets providestrustees of nonprofit funds with a chapter-by-chapter explanationof what they should know to carry out their responsibilities. Forthe uninitiated, it creates a foundation for understandinginvesting in a difficult environment. For the experienced, itserves as a checklist of issues to be considered in exercisingappropriate investment oversight."
--Thomas H. Hodges, Executive Vice President, Finance, andTreasurer Evanston Northwestern Healthcare (Evanston, Illinois)