This webinar zeroes in on endowment best practices, including investment strategy, portfolio construction and asset allocation, and integrating development efforts to grow your endowment. Features insights from: Paulita Pike, CIS Board Member; Marco Clark, from St. Thomas University in Austin; and Tim Sullivan, President of Bishop Feehan High School in Massachusetts.
00:00 – Webinar opens, attendees enter
00:18 – Larry Furey, Founding Partner, PIM overview, welcome and opening remarks
02:30 – Zela Astarjian, Managing Director, welcome and panelist introductions
06:30 – What is an endowment, and what are some of the benefits they provide
17:55 – How does an institution organize and begin to build their endowment
19:35 – How to grow and advance your endowment
26:26 – Stewardship, spending levels, and governance considerations
29:06 – Investment committees, the role they serve
39:20 – Q&A
39:40 – Q: At what size should a Catholic Institution consider forming an endowment, investment committee?
43:40 – Q: How are endowments structured, operating surplus, board designated funds, and donor restricted gifts
47:50 – Q: Development considerations for grammar schools
49:30 – Q: Importance of having a strong committee chair
51:20 – Q: How to think about responsible investment, ESG, Impact investing, etc.
53:20 – Q: Marco’s personal experience with planning, development and growing the “Cross & Anchor” fund for Bishop McNamara High School
57:00 – Thank you and closing