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Nonprofits often face challenges when deciding how to manage assets:
- Investment firms can tantalize, then underperform
- Conflicts can arise on boards
- Returns on large sums raised for purposes such as capital campaigns need to be maximized
It’s difficult to know who to trust. That’s why nonprofit organizations turn to us for assistance. The Minneapolis Foundation has more than 90 years of experience acting as a fiduciary of charitable assets. We are available to help you with professional investment management for your endowment or long-term assets, while you maintain control and ownership.
The Minneapolis Foundation, through its primary investment partnership, The Minneapolis Foundation Investment Partnership, L.P., enables foundations and nonprofit organizations to retain control and ownership of their assets while entrusting the investment management services to The Minneapolis Foundation.
How it works
Joining The Minneapolis Foundation Investment Partnership is like investing in a mutual fund of sorts. Your organization’s assets will be managed as part of a large, diversified portfolio of more than $400 million.
Pooling assets with other charitable dollars provides efficiencies of scale, access to a different class of portfolio managers, and can help reduce transaction fees, while gaining the experienced oversight and fiduciary management of the Board of Trustees of The Minneapolis Foundation.
Investment Partners benefit from the same asset class diversification and investment returns that have consistently ranked The Minneapolis Foundation among the top performing community foundations in the nation over the last fifteen years.
Partners pay their pro-rata share of the investment management fees charged to the Partnership by the investment managers (historical average is 70 basis points) and in addition pay the Foundation an annual administrative fee of 50 basis points.
Partners receive real-time on-line access to their fund balance and activity, along with reports on market performance.
Contact us
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