Effective Spending Policy: A ‘Ways and Means’ to Long-term Goal

The concept of a spending policy is to provide guidance and guardrails when it comes to thoughtfully using and protecting investment resources. It has application among all investor types – both institutional and individuals – though, in practice, a spending policy often takes on more formality and nuance for institutions.


Creating an Effective Investment Policy Statement: A Roadmap for Your Nonprofit’s Future

Most experienced nonprofit board and committee members understand the importance of good governance practices. The Investment Policy Statement (IPS) is one of the most vital governance documents, serving as a guide for both current and future committee members.