Protecting & Developing Nonprofit Endowments
McKinley Carter recognizes the importance of nonprofits in the community and is interested in building capacity, leadership and learning so these organizations can more effectively meet their missions, provide their services and achieve enduring results.
Unlike most large financial institutions and wealth management firms, we can help nonprofit organizations achieve greater community impact by taking a strategic approach to endowment development.We understand both the financial and non-financial challenges a nonprofit faces and believe that a commitment to finance, planning, development, governance and leadership should be integrated into the total financial picture of an organization.
With a broad framework of services, we help organizations add value and address challenges to help them take the best possible care of their organization, programs and constituents through the following:
Finance – Through financial analysis and performance review, we endeavor to help you implement strategies for sustainability including cash, reserve and asset management.
Fundraising– Whether you are just getting started with an annual fund or embarking on a capital campaign or planned giving program, we help design and implement strategies for fund raising success.
Strategic Planning – We work with your board and executive leadership to help you identify trends, opportunities and resources while making sure your strategic plan includes metrics to achieve your goals.
Governance – An engaged and informed Board of Trustees is essential to organizational sustainability and accomplishment. We can assist your organization in training and development around roles and responsibilities, policy adoption and strategic decision-making.
Leadership Development – The executive leadership of a nonprofit is tasked with the responsibility of setting direction for the organization, developing consensus with stakeholders and monitoring progress. We can serve as a resource to assist in leadership training, coaching, development and assessment.
Investments – Most organizations adhere to a prudent investment policy but still require a certain level of return to fund operations or special projects. We work with leadership to establish best-practices for endowment management and assist with investment policy development and implementation. It is our goal to align these strategies with your organizational mission and apply the rigorous fiduciary standards of care needed when managing your investment assets.
McKinley Carter works with many types of nonprofit organizations including Cultural Organizations, Social Service Agencies, Religious Organizations, Fraternal Organizations, Public and Private Foundations, Educational Institutions and Hospitals.
Our Nonprofit Professionals have more than 20 years of experience in nonprofit management including knowledge of nonprofit legal and fiduciary issues, and experience in addressing nonprofit organizational development.
Our Advisory Team includes professionals with a broad array of advanced financial experience in investments, insurance, estate planning, legal, accounting/finance, institutional retirement plans and banking services. Many serve on nonprofit Boards, volunteer for local charities and engage in philanthropic giving.
For more information on how McKinley Carter can help your nonprofit organization deepen their level of commitment to endowment development, please contact:
Kathleen A. McDermott
Director of Nonprofit Advisory Services
McKinley Carter Wealth Services, Inc. (“McKinley Carter”) is an SEC registered investment adviser. For additional information about McKinley Carter, including fees and services, send for our disclosurebrochure as set forth on Form ADV using the contact information herein. Please read the disclosurebrochure carefully before you invest or send money.