Precursors to Effective Endowment Investing, In It for the Long Haul: Investing to Reach Your Endowment or Reserve Potential

Community Foundation of North Texas, Fort Worth, Texas

This presentation touches on preliminary considerations when planning for endowment investing.  The development of the Law of Prudence and ‘legalization’ of Modern Portfolio Theory are illustrated, and applicable UPIA and UPMIFA rules are highlighted.  Finally, drafting tips are provided and questions to consider are posed when creating policies, specifically investment policy statements.