Fall 2014 issue of Horizons

∙ Are there any conflicts of interest regarding the products you recommend? ∙ How will you design, implement and manage the investment plan? ∙ References Serving on your not-for-profit organization’s investment committee can be a truly rewarding experience. You will have the privilege of seeing the fund grow over time to help fulfill the important mission of the organization. Your work can help propel your programs and services forward, attract new donors because of exceptional stewardship, and, ultimately, ensure the long-term sustainability of the organization.

Inquire about the following:

∙ Credentials and experience of the advisor ∙ The ability to build a portfolio or menu of funds to meet your goals and objectives at a risk level you can tolerate ∙ Help in formulating an investment policy statement for the investment committee and the advisor ∙ Reputation of the firm ∙ All fees and expenses ∙ Do you have a fiduciary duty to me? (Registered investment advisors vs. brokers) ∙ Are you limited to the products/managers that you can recommend, or do you have an open architecture format?

RubinBrown’s Not-For-Profit Services Group As a recognized leader in the not-for-profit sector, we have the resources essential to serve arts and cultural organizations, foundations, private schools, religious organizations, social service agencies and trade and membership associations.

Judy Murphy, CPA — St. Louis Partner-In-Charge Not-For-Profit Services Group 314.290.3496 judy.murphy@rubinbrown.com

Sharon Latimer, CPA — Kansas City Partner Not-For-Profit Services Group 913.499.4407 sharon.latimer@rubinbrown.com

Amy Altholz, CPA — St. Louis Partner & Vice Chair Not-For-Profit Services Group 314.290.3369 amy.altholz@rubinbrown.com

Evelyn Law, CPA — Denver Partner Not-For-Profit Services Group 303.952.1245 evelyn.law@rubinbrown.com

Michael Ferman, CPA — St. Louis Partner-In-Charge RubinBrown Advisors 314.290.3211 mike.ferman@rubinbrown.com

www.RubinBrown.com | page 67

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