In his new book, Agencies of Cash Flow, and through his speaking forums, JP Phaup introduces a new definition of foundations and endowments to focus on sustainable revenue.
Presented in an easy-to-understand manner, JP teaches the three essential components to creating and managing a nonprofitʼs philanthropic wealth.
Investing – describes cash, bonds, and stocks, and how to create a diversified investment portfolio to distribute growing annual cash flow and protect the principal.
Fundraising – describes donor motivations and tax favorable financial strategies to capture assets in transition; assets transferring at death and liquidity-generating business transactions.
Reporting – describes stewardship of the investment process to fulfill fiduciary requirements of trustees and senior management.
Trustees of nonprofit boards
Nonprofit professionals involved with foundations and endowments
Leaders of colleges, cultural organizations, and nonprofit hospitals
Donors creating a private foundation or public endowment
Grant-receiving nonprofits investigating the diversification of their revenue stream
Students of nonprofit studies and public policy
Define the income distribution requirements of foundations and endowments and why they receive special tax treatment.
Understand financial markets and the profound importance of inflation and interest rates.
Construct a Growth and Income portfolio using cash, bonds, and stocks according to Modern Portfolio Theory.
Fulfill fiduciary duties by following the 7 Standards of Care and create an Investment Policy Statement.
Describe donor tax motivations and manage financial strategies utilizing your nonprofit tax-exempt status.
Implement a Planned Giving campaign focusing on assets in transition; assets transferring at death and liquidity generating business transactions.
