What is a Christian Investment Firm?

Introduction Investment firms are numerous, and they vary in numerous ways.  For example, firms may have different views on market timing and asset allocation.  Different investment firms offer different services as well.  One important but often overlooked aspect of a firm is its values.  Organizations may be well-served by seeking out investment firms that share…

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Financial Tips for Nonprofit Organizations

Nonprofit organizations face significant challenges each year with rising costs and uncertain giving.  While these circumstances can’t be fully controlled, nonprofits can take action to maintain financial stability.  In this article, we share a handful of key financial tips for nonprofits.  Implementing these tips should remove some of the stress of day-to-day financial matters and…

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Biblically Responsible Investing 101

Biblically Responsible Investing (or “BRI” for short) is a form of faith-based investing.  BRI focuses on the Christian faith, though there is a large degree of nuance across various denominations and philosophies.  BRI is also considered to be part of the Socially Responsible Investing movement.  However, BRI often varies significantly from a secular Socially Responsible…

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How to Choose a Nonprofit Financial Advisor

Introduction Choosing a nonprofit financial advisor can be a difficult task. Nonprofit organizations can benefit from selecting an advisor who specializes in the unique financial considerations of nonprofits. Different service offerings, fee schedules, and investment approaches pose challenges in the decision-making process.  Furthermore, a lack of published reviews makes it difficult to determine whether a…

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Interest Rate Commentary – October 2021

Federal Reserve Comments & Projections In response to economic fears from COVID-19, the U.S. Federal Reserve initiated a series of Fed Funds rate cuts (including an emergency rate cut) to bring the Fed Funds target rate to 0.00% – 0.25% as of March 15, 2020.  After a short period of shrinking, the Federal Reserve’s balance…

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What is a Donor Advised Fund?

Introduction to Donor Advised Funds Donor advised funds (DAFs) are a rapidly-growing giving tool:  DAF assets nearly doubled from 2015 to 2019.  They provide flexibility in the timing of the charitable deduction, the timing of the ultimate charitable gift, and the selection of investment approach.  Furthermore, they are accessible to many donors and offer several…

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Financial Stewardship: Don’t Bury Talents

Then you ought to have invested my money… I should have received what was my own with interest. -Matthew 25:27 As an investment consultant for Christian nonprofits, Cornerstone Management often encounters organizations with a conservative philosophy toward investing. We believe that approach can be wise stewardship, particularly when we consider that the funds entrusted to…

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Endowments: Multiplying Gifts

Here is a boy with five small barley loaves and two small fish, but how far will they go among so many? -John 6:9   One of Jesus’s most well-known miracles is the feeding of the 5,000.  This event is inspiring on many levels:  His concern for meeting the needs of the people, the experience…

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