Nonprofit Executives and their boards often wonder if their investment policies are lacking. Through his work on the Study on Nonprofit Investing (SONI), Dennis Gogarty of Raffa Wealth Management has developed an easy-to-follow investment policy framework which will assist nonprofits in developing or strengthening their organization’s policy and procedures.
2017-01-25 A Framework for Strengthening Your Nonprofit’s Investment Reserve ...Raffa Learning Community
Nonprofit Executives and their Boards know they must periodically review reserve or investment policies. They don’t always know, however, what’s involved. Through his work on the Study on Nonprofit Investing (SONI), Dennis Gogarty of Raffa Wealth Management has developed an easy-to-follow investment policy framework which will assist nonprofits in developing or strengthening their organization’s policy and procedures.
SBI Corporate Bond Fund: An Income Mutual Fund Scheme - Aug 16SBI Mutual Fund
SBI Corporate Bond Fund with moderate risk invests predominantly in corporate debt securities and aims to generate regular income over medium term. Mutual Fund investors can invest in this mutual fund via SIP or lump sum. Know more about this debt fund on SBI Mutual Fund website page https://www.sbimf.com/Products/DebtSchemes/SBI_Corporate_Bond_Fund.aspx
2017-01-25 A Framework for Strengthening Your Nonprofit’s Investment Reserve ...Raffa Learning Community
Nonprofit Executives and their Boards know they must periodically review reserve or investment policies. They don’t always know, however, what’s involved. Through his work on the Study on Nonprofit Investing (SONI), Dennis Gogarty of Raffa Wealth Management has developed an easy-to-follow investment policy framework which will assist nonprofits in developing or strengthening their organization’s policy and procedures.
SBI Corporate Bond Fund: An Income Mutual Fund Scheme - Aug 16SBI Mutual Fund
SBI Corporate Bond Fund with moderate risk invests predominantly in corporate debt securities and aims to generate regular income over medium term. Mutual Fund investors can invest in this mutual fund via SIP or lump sum. Know more about this debt fund on SBI Mutual Fund website page https://www.sbimf.com/Products/DebtSchemes/SBI_Corporate_Bond_Fund.aspx
Global Trends In Venture Capital 2007 Surveybwatson
“The outlook for the Canadian venture capital industry is bleak given its ecosystem is broken and there is no immediate solution at hand. The Canadian government and the domestic VC community must join forces to bring the industry back from the brink of collapse”
When it comes to ensuring the future of your nonprofit, an endowment can serve as a vital tool in supporting your organization and its mission. Despite this, many nonprofits – and especially smaller organizations – struggle to build and manage a successful endowment.
This struggle can come from a lack of support by leadership and the board, or just a long-standing – and unproven – belief that endowments only truly benefit organizations with big operating budgets and plenty of resources.
The truth is, any nonprofit, even the smallest organizations, can benefit from an endowment. However, like any good investment, endowments must be properly managed to reach their full potential and maintain consistent growth.
In this presentation, you’ll learn how to:
• Determine the objectives of your endowment
• Set up a payout policy by determining how your endowment will function as a tool to support your organization’s long term plans
• Decide what your investment policy should address
• Strengthen your endowment by utilizing a strong mix of assets by determining optimum asset allocation
• Select the best candidate to manage your endowment through the help of an investment consultant
• Oversee your endowment in the long-term, including the systematic review of risk, monitoring of costs and determining the forum for oversight
Mainstreet Equity Corp. (“Mainstreet” or the
“Corporation), an add-value, mid-market consolidator
of apartments in Western Canada, is announcing its
operating and financial results for the three months
ended December 31, 2016.
Capital raising activity is ever-changing. Asset managers are looking for new ways to raise capital and push the boundaries as greater pressure is placed on traditional models.
The desire to increase hold periods, lower the cost of capital, alter and diversify investment strategies, and provide liquidity for investors has caused managers to reprioritize long-term business objectives. Indeed, permanent capital and other specialty finance structures which were once considered non-conventional in the industry have become a common discussion point for asset managers evaluating the strategy of their next fundraising effort.
Presentation Slides from Amuta21c: Strategies for Analyzing & Implementing Re...Shuey Fogel
Presentation Notes from a workshop given at the Amuta21c Conference in Jerusalem on March 18, 2012.
These slides are primarily intended for the workshop participants. More developed intended for a general audience are/will be posted on my Slideshare channel.
Как улучшить удобство продукта минимальными затратами?Oleg Karapuzov
Эта презентация рассчитана на людей связанных с IT , которые занимаются разными проектами. Презентация поможет людям задуматься над тем что они делают и для кого. Думаю просмотрев презентацию вы сможете сделать свои проекты лучше!
Are you ready to transition your accounting system to a modern cloud based platform that delivers business process automation while providing you with robust financial reporting and analytics to manage your operations? The Raffa Technology team invites you to our educational seminar reviewing the powerful web based accounting software Intacct. This presentation will focus on the key business drivers for cloud based accounting systems and provide you with best practices for evaluating and implementing the right solution for your organization.
Global Trends In Venture Capital 2007 Surveybwatson
“The outlook for the Canadian venture capital industry is bleak given its ecosystem is broken and there is no immediate solution at hand. The Canadian government and the domestic VC community must join forces to bring the industry back from the brink of collapse”
When it comes to ensuring the future of your nonprofit, an endowment can serve as a vital tool in supporting your organization and its mission. Despite this, many nonprofits – and especially smaller organizations – struggle to build and manage a successful endowment.
This struggle can come from a lack of support by leadership and the board, or just a long-standing – and unproven – belief that endowments only truly benefit organizations with big operating budgets and plenty of resources.
The truth is, any nonprofit, even the smallest organizations, can benefit from an endowment. However, like any good investment, endowments must be properly managed to reach their full potential and maintain consistent growth.
In this presentation, you’ll learn how to:
• Determine the objectives of your endowment
• Set up a payout policy by determining how your endowment will function as a tool to support your organization’s long term plans
• Decide what your investment policy should address
• Strengthen your endowment by utilizing a strong mix of assets by determining optimum asset allocation
• Select the best candidate to manage your endowment through the help of an investment consultant
• Oversee your endowment in the long-term, including the systematic review of risk, monitoring of costs and determining the forum for oversight
Mainstreet Equity Corp. (“Mainstreet” or the
“Corporation), an add-value, mid-market consolidator
of apartments in Western Canada, is announcing its
operating and financial results for the three months
ended December 31, 2016.
Capital raising activity is ever-changing. Asset managers are looking for new ways to raise capital and push the boundaries as greater pressure is placed on traditional models.
The desire to increase hold periods, lower the cost of capital, alter and diversify investment strategies, and provide liquidity for investors has caused managers to reprioritize long-term business objectives. Indeed, permanent capital and other specialty finance structures which were once considered non-conventional in the industry have become a common discussion point for asset managers evaluating the strategy of their next fundraising effort.
Presentation Slides from Amuta21c: Strategies for Analyzing & Implementing Re...Shuey Fogel
Presentation Notes from a workshop given at the Amuta21c Conference in Jerusalem on March 18, 2012.
These slides are primarily intended for the workshop participants. More developed intended for a general audience are/will be posted on my Slideshare channel.
Как улучшить удобство продукта минимальными затратами?Oleg Karapuzov
Эта презентация рассчитана на людей связанных с IT , которые занимаются разными проектами. Презентация поможет людям задуматься над тем что они делают и для кого. Думаю просмотрев презентацию вы сможете сделать свои проекты лучше!
Are you ready to transition your accounting system to a modern cloud based platform that delivers business process automation while providing you with robust financial reporting and analytics to manage your operations? The Raffa Technology team invites you to our educational seminar reviewing the powerful web based accounting software Intacct. This presentation will focus on the key business drivers for cloud based accounting systems and provide you with best practices for evaluating and implementing the right solution for your organization.
With the ever-increasing threat of viruses, security breaches, and cyber theft, it is important to understand the basics of network and internet security. In this session, we will discuss the following:
*How to pass the security portion of your audit *Protecting your hardware *Security in the cloud *Privacy Laws This class is beneficial to IT, Operations, and Administrative professionals.
The presentation will demonstrate how to assess whether a nonprofit organization has a culture of philanthropy so critical to meeting mission-driven objectives. It will use a framework based on the four pillars of fundraising success: case for support, leadership alignment, donors/prospects, systems (to see if there are any gaps), and provide concrete steps to address them.
2016 02-25 How to Simplify Finance, Grants & Financial Reporting with INTACCTRaffa Learning Community
Are you ready to transition your accounting system to a modern cloud based platform that delivers business process automation while providing you with robust financial reporting and analytics to manage your organization? If so, please join the Raffa Technology team as we review the powerful web based accounting software Intacct. This educational seminar will focus on the key business drivers for cloud based accounting systems and provide you with a best practices approach to managing the implementation. We will also walk you through a tour of Intacct's key features.
If your company needs to submit a Wealth Management Advisory Services Proposal PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/37gnhEr
If your company needs to submit a Wealth Advisory Proposal PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/2SeQewq
If your company needs to submit a Financial Advisory Proposal PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/2HwkAEs
Keeping reserves for a “rainy day” is a good practice for all nonprofit institutions, but how much should your organization set aside? A percentage of annual budget? Three-to-six months? Our answer is: it depends. Each nonprofit is unique and can experience distinct unexpected circumstances that may affect its long-term financial health.
This session, led by mark Murphy of Raffa Wealth Management, will focus on how to conduct a risk assessment that will assist your nonprofit in quantifying financial risks and opportunities. Once completed, this risk assessment aims to assist in finding the appropriate reserve level for your unique organization.
Whether you are in the initial phases of creating your nest egg or revaluating longstanding reserve levels, this session is for you.
Proactive Alternatives strategies for the sophisticated HNW investor with actively managed accounts. A currency hedge works well against rising interest rate volatility.
If your company needs to submit a Investment Advisory PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/2UCGDB8
Charity Reserves: the good, the bad and the uglyNICVA
A presentation from Gemma Woodward, Executive Director and Director of Responsible Investment at Quilter Cheviot on charity reserves. Presentation given at NICVA's Charity Finance Conference for Trustees.
If your company needs to submit a Investment Advice Proposal PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/39mhbnB
Explore This Opportunity for Yield and Tax-Free Income. Learn about the Near-Term Tax Free Fund (NEARX), a short-term municipal bond fund from U.S. Global Investors.
Actionable Financial Analysis: Insights for Nonprofit LeadersGuideStar
Actionable Financial Analysis: Insights for Nonprofit Leaders
In an increasingly data-filled world, it can be difficult to sort through proliferating information to find what matters most. Nonprofit finance is no different. And because healthy finances enable social impact, much is at stake in clearly articulating nonprofit financial condition and resource needs. How can nonprofit leaders make sense of financial data to create a clear picture of their organization's financial situation?
Join Nonprofit Finance Fund and GuideStar to learn more about Financial SCAN and how this data platform can add value to planning and decision-making conversations.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund; and Scott Menzel, Product & User Experience Manager, GuideStar USA (moderator)
Similar to 2016-09-13 How to Develop - Improve Your Nonprofit’s Investment Policy (20)
2018-07 Systems Integration Best Practices for Integrating Your Business Appl...Raffa Learning Community
How much time does your organizations spend getting data to and from critical business systems such as your donor management, association management, membership and accounting applications? What about time sheets, expense reports and payroll data? Have you made customizations to your systems that make packaged integrations difficult to work with? In this session we will share considerations, best practices and use cases from actual customer integrations that may help you tackle your next integration project.
Join Raffa Technology & BI360 for an informative session on best practice approaches to managing your budget process beyond Microsoft Excel. Come learn how you can help your organization increase productivity, insight and decision making while decreasing the manual keying and inaccuracies inherent with Microsoft Excel. This seminar includes a presentation of the BI360 budgeting and reporting software.
In today’s accounting environment, there is mounting pressure to run leaner while becoming more effective than ever. Meeting deadlines, reviewing or preparing reconciliations and providing support requires new approaches to mitigating errors and compromising the integrity of your SOFP and SOA. It doesn’t have to be that way.
Join nonprofit industry leader Raffa, PC and BlackLine to discover a simpler way to perform your reconciliation process that allows you to focus on analysis, risk mitigation, and value creation for your organization.
Not every organization can afford to have a full time CIO on staff. But someone will be fulfilling the role, even without the title. This seminar will help you understand the role a CIO fulfills within your organization, the areas you may not be addressing without a CIO, the risks and opportunities mitigated by the presence of a CIO, and the new world of outsourced IT.
Additionally, we will discuss if your organization can thrive without the latest technology, whether your IT team is doing what they should be, how your IT infrastructure measures up to best practices, and what technology you may be missing out on.
With the ever-increasing threat of viruses, security breaches, and cyber theft, it is important to understand the basics of network and internet security. In this session, you will learn how to pass the security portion of your audit and how to protect your hardware. We will also discuss security in the cloud and Privacy Laws.
This class is beneficial to IT, Operations, and Administrative professionals.
Adam Grant, in a recent Atlantic article, says it best: “People Don’t Actually Know Themselves Very Well.” Do you agree? He argues that your coworkers are much better at rating aspects of your personality than you are. Studying thousands of people at work show that coworkers are more than twice as accurate when asked to assess how stable, dependable, friendly, outgoing and curious you are. In this workshop, we will give you an opportunity to solicit feedback in advance of the workshop, reflect on feedback you’ve received, and provide a safe and confidential environment to explore your blind spots. Those blind spots may be related to the way you see yourself as a manager or leader or perhaps how you think about intergenerational differences. We’ll discuss the importance of self-awareness and provide some tools to help you integrate new knowledge about yourself in practical ways at work.
Not every organization can afford to have a full time CIO on staff. But someone will be fulfilling the role, even without the title. This seminar will help you understand the role a CIO fulfills within your organization, the areas you may not be addressing without a CIO, the risks and opportunities mitigated by the presence of a CIO, and the new world of outsourced IT.
Additionally, we will discuss if your organization can thrive without the latest technology, whether your IT team is doing what they should be, how your IT infrastructure measures up to best practices, and what technology you may be missing out on.
Help your organization make better informed decisions. Join the Raffa Technology team and Prophix to discover how best in class organizations are using financial automation to drive improved budgeting, strategic financial analysis and better business decision making.
Learn how organizations are automating the financial budget process to deliver more accurate and timely information in the financial planning process.
Not every organization can afford to have a full time CIO on staff. But someone will be fulfilling the role, even without the title. This seminar will help you understand the role a CIO fulfills within your organization, the areas you may not be addressing without a CIO, the risks and opportunities mitigated by the presence of a CIO, and the new world of outsourced IT.
Additionally, we will discuss if your organization can thrive without the latest technology, whether your IT team is doing what they should be, how your IT infrastructure measures up to best practices, and what technology you may be missing out on.
The OMB Uniform Guidance proposes a more fair and equitable treatment of nonprofits providing services under programs funded by the federal government. This requires every nonprofit earning federal funds, either directly or indirectly, to take actions to ensure compliance. Join us as we illustrate steps to create a culture of compliance and sustainability in the federally funded marketplace.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
2016-09-13 How to Develop - Improve Your Nonprofit’s Investment Policy
1. Thrive. Grow. Achieve.
Considerations for
Developing and Reviewing
Investment and Reserve
Policies and Procedures
Dennis Gogarty, CFP®, AIF®
Copyright Raffa Wealth Management, LLC . All Rights Reserved.
2. Page
DISCLAIMER
2
This presentation summarizes the results of an
informal, non-scientific study compiled by analyzing
the results of 722 surveys completed by nonprofit
finance executives.
This presentation is for information purposes only.
Participant responses have not been verified. Data
analysis was performed by Raffa Wealth
Management.
When stating “nonprofit” responses it should be
noted that all responses are limited to the nonprofits
that participated in the survey. No broader
implications should be assumed.
4. Page
INTRODUCTION
4
In February of this year, over 700 nonprofit finance executives
completed a survey about their organization’s investment
policies and results.
Raffa Wealth Management has analyzed the results of the
survey and prepared the 2016 SONI report for review.
Fourth
Annual
Study On
Nonprofit
Investing
(SONI)
5. Page
HIGH LEVEL GOALS & OBJECTIVES
5
What is your
nonprofit
organization's
current total annual
operating budget?
What are your
organizations total
cash assets:
•Cash in checking,
•Excess operating
cash,
•Short/intermediate
term investments,
•Long term
investments?
Association
Public Charity
6. Page
HIGH LEVEL GOALS & OBJECTIVES
6
Do Reserve
Policies Align with
the Strategic Plan?
How are reserves defined?
• The unrestricted net assets as reported on the Statement of Financial Position.
• The accumulated net surpluses of the organization.
• Liquid cash and investments held in a reserve fund investment account.
What is the Purpose?
• To ensure that the organization has adequate funds available in the event of an
unanticipated catastrophic event or business situation that reduces reserves and
threatens the financial viability of the organization.
• To cover unbudgeted and extraordinary expenditures brought about by
unanticipated challenges and as a source for emergency funding.
• To provide a source of capital for the research and development of new products and
services.
• To enhance the purchasing power of funds held for future expenditure and to
maintain the financial stability of the association.
7. Page
HIGH LEVEL GOALS & OBJECTIVES
7
Do Reserve
Policies Align with
the Strategic Plan?
What is the Objective of the
Investments?
• To preserve capital and provide liquidity
• Long term growth of assets
• Optimize return while minimizing risk through diversification and asset
allocation
8. Page
HIGH LEVEL GOALS & OBJECTIVES
8
How Much do We
Need to Maintain
in Reserves?
• The target of the reserve fund is to maintain a balance equal to three/six/twelve
months of the annual general operating expenditures.
• The target will be achieved by contributing a minimum of 50% of unrestricted net
income before depreciation at year-end.
• Target may be based on quantifying potential risk and opportunities.
Risks
Approximate
cost
Likelihood of
occurring
Contribution
to reserves
Revenue shortfall
Dues $1,000,000 10% $100,000
Meeting attendance $1,000,000 20% $200,000
Staffing change $1,000,000 50% $500,000
Legal action $1,000,000 10% $100,000
Pension plan shortfall $1,000,000 25% $250,000
Total resave needed $1,150,000
Opportunities
Technology $1,000,000 20% $200,000
Programming $1,000,000 50% $500,000
Facilities $1,000,000 10% $100,000
total reserves needed $800,000
Grand total $1,950,000
9. Page
HIGH LEVEL GOALS & OBJECTIVES
9
How Much do We
Need to Maintain
in Reserves?
What happens after target is met?
• Range around target:
– Target is six months operating expenses. Max is 12 months, minimum is 3 months.
• Trigger at upper limit:
– Reduce portfolio risk
– Increase member/charitable benefits
– Return to members
• Trigger at the lower limit:
– Budget implications
10. Page
HIGH LEVEL GOALS & OBJECTIVES
10
Are we Making the
Best Use of Our
Assets
Segmentation based on timing of
various objectives
• Operating reserve – 3 months of budgeted expenses
• Short term reserves – dollar amount based on need
• Long term reserves – excess not needed in operating or short term
11. Page
HIGH LEVEL GOALS & OBJECTIVES
11
For this question,
we are asking
about your
organization's
total cash assets.
Please enter a
dollar amount in
each of the
following
categories,
segmented by
distinct
investment
objectives /
projected time
until use.
Public Charity
Association
12. Page
HIGH LEVEL GOALS & OBJECTIVES
12
How much
investment
risk are we
willing to
take?
Ability
• Current financial condition (Review Financials)
• Future financial outlook (Interview Key Personnel)
Willingness
• High level risk survey
– Objective
– Time frame
– Tolerance for volatility
– Consider sample portfolio’s (likely, best, worst case)
27. MARKET CAP DATA IS FREE-FLOAT ADJUSTED FROM BLOOMBERG SECURITIES DATA. MANY NATIONS NOT DISPLAYED. TOTAL MAY NOT EQUAL 100% DUE TO ROUNDING. FOR EDUCATIONAL PURPOSES; SHOULD NOT BE USED AS INVESTMENT ADVICE.
CHINA MARKET CAPITALIZATION EXCLUDES A-SHARES, WHICH ARE GENERALLY ONLY AVAILABLE TO MAINLAND CHINA INVESTORS.
THE GLOBAL EQUITY MARKET
PERCENT OF WORLD MARKET CAPITALIZATION AS OF DECEMBER 31, 2014
A REPRESENTATIVE GLOBAL EQUITY MARKET INDEX IS THE MSCI ALL COUNTRY WORLD INDEX
2
28. Total United States Stock Market
Russell 1000
Index: top 1000
largest US publicly
traded companies
Russell 2000 Index: remaining
2000 mid-sized and small US
publicly traded companies
S&P 500: top 500 largest US
publicly traded companies
Value Stocks Growth Stocks
Russell 3000
Index: all publicly
traded US
companies
Russell
1000
Index:
Russell
2000
Index:
For Illustration purposes only. Indices are not available for direct investment and performance does not
reflect expenses of an actual portfolio. Past performance is not a guarantee of future results.
29. Total International Stock Market
Large International
Developed
Country Stocks
Stocks from
Emerging Market
Countries
MSCI All Country
World
Ex-US Index
MSCI
EAFE
Index
MSCI
Emerging
Markets
Index
For Illustration purposes only. Indices are not available for direct investment and performance does not
reflect expenses of an actual portfolio. Past performance is not a guarantee of future results.
Other: Canada
30. Total US Bond Market
BarCap 1-5yr
Gov/Credit Index:
Avg Duration ~ 2.7yrs
BarCap Long Term
Gov/Credit Index:
Avg Duration ~ 14.2yrs
BarCap
Aggregate Bond
Market Index:
Avg Duration ~
5yrs
BarCap
1-5yr
Gov/Credit
Index: Avg ~
2.7yrs
BarCap
Long Term
Gov/Credit
Index:
Avg ~
14.2yrs
For Illustration purposes only. Indices are not available for direct investment and performance does not
reflect expenses of an actual portfolio. Past performance is not a guarantee of future results.
BarCap 5-10yr
Gov/Credit
Index:
Avg ~ 6.5yrs
BarCap 5-10yr
Gov/Credit Index:
Avg Duration ~ 6.5yrs
BarCap US Credit Index:
Avg Duration ~ 6.8yrs
BarCap US Treasury
Index:
Avg Duration ~ 6yrs
US Government,
Agency &
Treasury Bonds
US Corporate &
Mortgage Backed
Bonds
31. Page
CUSTOM BENCHMARK
31
1. How much does your policy allocate to US stocks?
• 38% to the Russell 3000 index
2. How much does your policy allocate to international stocks?
• 12% to the MSCI All Country World Ex US
3. How much does your policy allocate to fixed income?
• 45% to the Barcap Aggregate Bond index
Or if your policy calls for a specific allocation to shorter term bonds
or a target maturity, you may split the fixed income
• 25% to the Barcap Aggregate bond index
• 20% to the 1-5 year government bond index
4. How much does your policy allocate to cash?
• 5% to the Barcap one month treasury bill index
5. Are you including alternatives in your portfolio benchmark?
• No
32. Page
2012 -2014 INDEX RISK AND RETURN
32
For Illustration
purposes only.
Indices are not
available for direct
investment and
performance does not
reflect expenses of an
actual portfolio. Past
performance is not a
guarantee of future
results.
International stocks
US Stocks
Cash
30/70 40/60 50/50 60/40 70/30
20% 29% 38% 47% 56%
10% 11% 12% 13% 14%
65% 55% 45% 35% 25%
5% 5% 5% 5% 5%
0% 0% 0% 0% 0%
Blended Portfolio Sample Benchmarks
3 Month US T-Bills
Traditional Market Benchmarks
Russell 3000
MSCI AW ExUS
BarCap Agg Bond
HFRI Fund-of-Funds
*Representative, sample portfolio benchmarks are intended to give context to
performance results. The benchmarks were selected because we believe they are the
broadest index available in each broad category (US stock, Intl stock, Bond, and Cash).
They may or may not be suitable benchmarks for comparison to any particular
investor’s portfolio or for the average results reflected in this study.
*Indexes do not reflect the fees associated with actual investments and such fees would
reduce the performance illustrated. Past performance is not an indication of future
results and any investment can lose value.
How do the
investment
results
compare to a
blended
portfolio
benchmark?
33. Page
PORTFOLIO RESULTS & ANALYSIS
33
What level of
under -
performance
is
acceptable?
What level of underperformance is acceptable?
• Most nonprofits (45%) believe advisors should be expected to
outperform their market benchmark gross of their fees
• A surprisingly large number (22%) of nonprofits “didn’t know” what
level of underperformance was acceptable.
0 20 40 60 80 100
Idon't know
Net of fees, trailing by 2% or less is
reasonable
Net of fees, trailing by 1% or less is
reasonable
Net of fees, trailing by 0.5% or less is
reasonable
Outperformgross of fees,but
underperformance netof feesis…
Over 5yrs,advisors are expected to
outperformnet of all fees
Advisor Performance
36. Page
CONCLUSION
36
Thank you
for
attending!
RWM is available to engage in Investment
Policy Development engagements at a fixed
hourly fee.
For more information:
• Visit www.npinvesting.org or
• Email info@raffawealth.com
37. Page
DISCLOSURE
37
This information was gathered from reliable sources but
we cannot guarantee accuracy. Any performance related
information is based on participant responses and have
not been verified. Past performance is not an indication of
future results and any investment can lose value.
Performance results have been compared to balanced
benchmark portfolios comprised of broad market indexes.
The benchmarks were selected because we feel they are the
broadest market benchmark available in each broad
category. They may or may not be suitable benchmarks
for comparison to any particular investor’s portfolio or for
the average results reflected in this study. You should
consult with your investment professional to determine
suitable benchmarks for your portfolio.
Indexes do not reflect the fees associated with actual
investments and such fees would reduce the performance
illustrated.
Past performance is not an indication of future results. Any investment can lose value.