Raffa Investment Advisers will review what’s unique about nonprofit investing and why paying attention to those nuances are important to the effectiveness of your investment program.

Nonprofit executives and volunteers will learn what’s uniquely important about the management of reserves, including that:

  • Relative performance matters greatly.
  • Downside protection matters greatly.
  • Fees need to be justified.
  • Realizing losses can negatively impact financial statements.
  • Ongoing policy support and education is critically important.
  • Reporting must be clear and concise to make oversight easy (policy compliance, clarity in performance expectations).

The goal is to empower nonprofit executives to work more effectively with advisors in support of the volunteer leadership’s effort to be effective investment stewards.

Dennis Gogarty, CFP®, AIF®, President, Raffa Investment Advisers
Mark Murphy, CFA, Chief Investment Officer, Raffa Investment Advisers
Ryan Frydenlund, CIPM, Senior Operations Manager, Raffa Investment Advisers

Program Description What’s Different About Nonprofit Investing and Why Does It Matter?
Important Notice Regarding CPE:
Learning Objectives

At the end of this course, the attendee will be able to:
Interpret reserve management by reviewing the significance of relative performance, the importance of downside protection, the necessity of justifying fees, the impact of realized losses on financial statements, and the need for ongoing policy support, education, and clear, concise reporting for effective oversight.

Instruction Delivery Method Group Internet Based
Recommended CPE Credit 1 Credit
Recommended Field of Study Business Management & Organization
Prerequisites Basic knowledge of your organizations investment program.
Program Level Basic
Advance Preparation None
Cancellation Policy You may cancel your registration at any time prior to the event.
Complaint Resolution Policy For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected].

Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.