S

Endowments & Foundations

Your mission is our mission.

For more than 20 years, Brown Advisory has partnered with endowments and foundations to help them fulfill their fiduciary responsibilities, realize ambitious financial goals and achieve their mission-related objectives.

Investment officers and investment committees at nonprofits face big challenges today—complex capital markets, tough regulatory oversight, high donor expectations and, in the coming years, lower expected market returns. We work with many nonprofit institutions, large and small, to help them overcome these challenges.

WE ARE EXPERIENCED INVESTMENT ADVISORS TO ENDOWMENTS AND FOUNDATIONS

We leverage decades of experience managing investments for a wide range of institutions to help our endowment and foundation clients.

Since our founding, we have served as an investment manager for endowments and foundations; as of Dec. 31, 2017, we managed approximately $6 billion in assets for our nonprofit clients.*

We seek to help nonprofits shoulder their fiduciary burden. To do so, we serve clients in a number of ways, from fully discretionary relationships to situations where we act in a more consultative role. We partner with clients to help them navigate the challenges of complex capital markets, and help them develop investment policies that seek to address the intersecting concerns of the board and other stakeholders.

We are of one mind with our clients regarding nonprofit service and the challenges that nonprofits face. We seek out colleagues who feel a natural call to serve, and our people serve on the boards and investment committees of hundreds of nonprofits around the world. We believe this perspective helps us to build deep partnerships with our nonprofit clients.

WE FOCUS ON STRATEGIC ADVICE TO HELP NONPROFITS PURSUE AMBITIOUS GOALS

We use the term strategic advice to describe our role in helping our clients solve their most pressing organizational challenges. Our aim is to provide holistic advice to clients, so we can broadly help them advance their nonprofit missions. We counsel our clients on many issues outside of traditional portfolio management, and work with them on topics ranging from municipal advisory services to charitable program development.

Our client teams partner with our in-house Strategic Advisory Group, to pinpoint each of our clients’ specific challenges and to develop customized solutions and action plans to address those challenges. In recent years, we have helped clients address a broad range of issues, including:

  1. Advice on governance
  2. Guidance on legal compliance, including:

    • Advice on fiduciary duties and responsibilities

    • Noninvestment risk management

  3. Tax compliance and tax reporting
  4. Philanthropic advisory services, including advice on:

    • Complex grant making

    • Fundraising and donor engagement

    • Acceptance of illiquid gifts

    • Planned giving

  5. Matters related to land acquisition opportunities
  6. Mission-related and impact investing

Impact Investing: Helping Nonprofits Align Their Missions and Investments

For many years, we have worked with endowments and foundations to help them explore impact investment options and broadly pursue mission-related investment goals.

Traditionally, most nonprofits invested purely for financial results, then spent or granted funds each year to advance the organizational mission. Today, many nonprofits want greater synergy between their missions and their investments. They want to use a larger percentage of their invested capital to generate positive, mission-related impact.

Nonprofits each approach the question of sustainable investing from a different perspective, and with different priorities. Our goal is simply to help endowments and foundations clarify their objectives, then implement the right solutions. Thanks to recent regulatory guidance, nonprofits have improved clarity today about sustainable investing within a fiduciary context; in the case of private foundations, some of these options may satisfy their annual spending requirements.

We believe that a thoughtful, sustainable investment approach can in fact bridge the gap between investment goals and mission objectives, within a unified portfolio strategy.

*As of December 31, 2017, Brown Advisory managed $5.8 billion for our endowments and foundations practice for the following entities: Brown Advisory LLC, Brown Investment Advisory & Trust Company, Brown Advisory Securities LLC, Brown Advisory Ltd., Brown Advisory Trust Company of Delaware LLC and Brown Advisory Investment Solutions Group LLC

Why Brown Advisory?

The effectiveness of investment committees meeting their organizational goals is being challenged at every angle: market volatility, complexity of assets, costs, regulation, reporting requirements, etc. The traditional way of managing plans—through quarterly meetings and backward-looking reviews—is becoming obsolete. Investment committees must transition from a reactive model to a proactive one, in which giving up discretion can actually enhance a committee’s fiduciary oversight and obligation.

Brown Advisory has a deep heritage and years of experience working with institutions to address their investment challenges, all within well-defined risk parameters and always with the understanding that their goals are paramount and their needs come first.

Meet the Team

 
 

OUR CULTURE:
Working as a Team

We believe that decisions are best made with input from a group and in the light of each other’s scrutiny, instead of alone and in the dark. We structure our organization and follow processes that force us to collaborate for the benefit of clients. Through the long tenures of our employees, we develop the mutual trust that allows people to speak their minds freely in pursuit of insight.

Start a Conversation


Please fill out the form for general inquiries, more information on our investment services or if you would like someone from Brown Advisory to contact you directly. We will be in touch within 24 business hours. If you are an existing Brown Advisory client, please login to TouchPoint and reach out to your client team.