In episode 10 of Mission + Markets, Heather Shanahan and Andy Marino cover the financial landscape of the past year and how it might affect nonprofits, endowments, and foundations.
The conversation examines the Federal Reserve’s efforts to reduce inflation. Marino also addresses the historical association of the inverted yield curve with recessions and the recent normalization of longer-term interest rates. He recommends that nonprofits set realistic expectations and maintain a long-term perspective.
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Resources:
Last Episode: Episode 9: DEI in Planned Giving with GivingDocs
OCIO for Nonprofits | CAPTRUST
Market Update | October 2023 | Investment Management
In episode nine of Mission + Markets, Heather Shanahan and Jade Bristol, chief development officer at GivingDocs, discuss DEI efforts in planned giving and estate planning. GivingDocs is an online estate planning platform designed to help nonprofits improve their planned giving initiatives.
The conversation addresses diversity, equity, and inclusion (DEI) within planned giving and estate planning. Jade discusses the organization’s mission to enhance planned giving efforts for nonprofits, and the history of inequity in philanthropy.
Jade and Heather emphasize the importance of authentic conversations, cultural awareness, and empathy when working with diverse donors in the realm of planned giving. Their discussion underscores the crucial mission of nonprofits to make a positive impact through thoughtful and respectful engagement with donors.
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Resources
Last Episode: Episode 8: Trends in AI with Blackbaud
Resources and Insights – GivingDocs.com
Episode 3: Board Development with YWCA of Greater Charleston
In episode eight of Mission + Markets, Heather Shanahan talks to Kate Averett Anderson, senior content manager at Blackbaud. They explore various aspects of AI technology trends and its applications in nonprofit organizations. The discussion covers:
- AI capabilities in nonprofits, including donor communication and grant writing.
- Donor prospecting and revenue optimization with AI.
- Emphasis on AI as a tool to enhance human efforts, not replace them.
- Trustworthy AI principles for responsible usage.
- Protecting donor privacy and maintaining transparency.
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Resources:
Last Episode: Episode 7: A Deep Dive Into Community Foundations
Blackbaud’s Social Good Startup Program and Our Generative AI Cohort
In episode seven of Mission + Markets, Heather Shanahan talks community foundations with CAPTRUST financial advisors Bill Altavilla and Matt Doyle, plus special guest Jim McCallum. Jim is the advisor to the Chief Financial Officer for the Sacramento Region Community Foundation, having previously served as CFO since 2005. He has an extensive background in estate planning, tax, securities, planned giving, and insurance.
They discuss a range of topics, including:
- fundraising strategies
- donor engagement
- investment management
- community impact
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Resources:
Last Episode: Episode 6: Heather Shanahan talks tax with CPA Kristen Hoyle
In this episode of Mission + Markets, Heather Shanahan talks with Kristen Hoyle, CPA and audit partner at Thomas, Judy & Tucker P.A. Kristen’s work focuses on supporting nonprofit organizations with tax-related services.
Heather and Kristen cover an array of topics, including:
- Varying tax statuses of nonprofits, foundations, and endowments
- When your organization needs an audit
- How to properly prepare a 990
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Additional Resources:
Last Episode: Episode 5: Grant Trends and Best Practices with Ruth Peebles
Honoring Donor Intent | Endowment and Foundations
In this episode of Mission + Markets, Heather Shanahan talks with Ruth Peebles, president and founder of nonprofit consulting firm The INS Group. The two discuss best practices and trends for grants, including:
- Measuring impact when writing a grant
- Setting guidelines on grant reporting
- Telling your organization’s story
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Additional Resources
The INS Group – Innovative Nonprofit Solutions Since 1999
Last Episode: Episode 4: Building a Succession Plan with God’s Love We Deliver
This month, Heather Shanahan sits down with Karen Pearl and David Ludwigson of God’s Love We Deliver (GLWD). GLWD is a nonprofit organization based in New York City that provides medically tailored meals, plus nutrition counseling, to individuals living with severe and chronic illnesses. Founded in 1985, GLWD delivers these meals free of charge to clients’ homes throughout the five boroughs of New York City and parts of New Jersey.
Karen shares her experience as CEO and discusses her decision to retire, with practical advice for other nonprofit leaders to engage board members in succession planning. David, GLWD’s current CEO, discusses the transition process and how it set him up for success. Listen to what they learned about board involvement, organization-wide transparency, and how to achieve a (mostly) peaceful transition.
Subscribe to Mission + Markets for more insights for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
Additional Resources
Heather Shanahan, CAPTRUST director of endowments and foundations, talks with LaVanda Brown and Courtney Johnson from the YWCA of Greater Charleston (YWCAGC). LaVanda has been the organization’s executive director for seven years, and Courtney is the current treasurer and incoming chair of the YWCAGC’s board.
In the episode, LaVanda and Courtney share their experiences navigating and supporting the YWCA’s mission of eliminating racism and empowering women. The three discuss the intentional decision to have an all-female board; the steps they’ve taken to honor the organization’s mission; the importance of staff and board member relationships; and strategic planning.
Subscribe to Mission + Markets for more insight for nonprofits and mission-focused organizations.
Under the Investment Advisers Act of 1940, this podcast is defined as an advertisement and includes an uncompensated testimonial by a CAPTRUST client. Please be advised that clients’ experiences as described in the podcast do not necessarily represent the experience of other clients.
RESOURCES:
YWCA GREATER CHARLESTON
Racial Equity Institute
BoardSource
Measuring Diversity in Nonprofits
In the second episode of Mission + Markets, Heather Shanahan, CAPTRUST director of endowments and foundations, is joined by Bob Murray, executive director of Casual Simulation. Bob has more than 30 years of experience in the nonprofit and higher education development. The two discuss donor engagement, honoring your donor’s intent, and how to keep your organization’s story relevant as technology evolves. They also cover how a newer, startup-style nonprofit can partner with established organizations for success.
Subscribe to Mission + Markets for more insight for nonprofits and mission-focused organizations.
Additional Resources:
How Nonprofits Can Handle Major Gifts
Honoring Donor Intent | Endowment and Foundations
Welcome to the debut episode of Mission + Markets! Listen as Heather Shanahan, CAPTRUST director of endowments and foundations talks through highlights of the fifth annual Endowments and Foundations survey, completed by 169 organizations around the country, and 59 percent of respondents are private nonprofits. Heather is joined by CAPTRUST Director of Asset/Liability James Stenstrom, and Grant Verhaeghe, CAPTRUST senior director and asset/liability practice leader.
The three discuss staggering statistics regarding diversity, equity, and inclusion, plus practical ways to improve an organization’s DEI efforts. They also consider reasons for the decline in values-based investing for endowments and foundations.
To learn more about the survey’s findings, view the results here.
Subscribe to Mission + Markets wherever you get your podcasts for more discussions on topics like board turnover, honoring your donor’s intent, and trends among nonprofit sectors.
About Mission + Markets
Mission + Markets empowers endowments and foundations to pursue their mission-driven goals by exploring trends and best practices related to mission engagement, fiduciary governance, and investment management. Hosted by CAPTRUST’s Director of Endowments and Foundations Heather Shanahan, Mission + Markets shares research, resources, and recommendations from industry insiders so your nonprofit can focus on what’s most important—the mission.
Additional Resources
CAPTRUST Unveils Findings from Fifth Annual Endowment & Foundation Survey