Govern reserves and endowment with clear objectives, roles, allocation, risk limits, and prohibited investments. Generate a branded PDF or Word document in minutes — free, no sign-up.
Create your policy →Steward your reserves and endowment with a board-approved standard for prudent investing.
governance policies the IRS Form 990 asks about by name
Source: IRS Form 990, Part VI
of annual revenue a typical organization loses to fraud
Source: ACFE Report to the Nations
U.S. nonprofits the IRS expects to follow sound governance practices
Source: IRS
It is the document that tells your investment committee and any advisor how the organization’s funds should be invested — the objectives, who is responsible, the asset allocation, the risk limits, and what is prohibited. It anchors investment decisions to board-approved guidelines rather than individual judgment.
Any organization holding reserves or an endowment benefits from one. It demonstrates prudent stewardship to donors and funders and helps the board meet its fiduciary duty under the prudent-investor standard.
Yes. The board may direct that investments consider environmental, social, and governance factors or align with the mission, as long as that direction is consistent with the organization’s fiduciary obligations and investment objectives. This template includes that option.