I admit it, I'm no expert in non-profit business strategy. I know how to use information technology to improve communication and productivity, and I'm reasonably skilled at designing and managing marketing efforts. I don't claim to know how a non-profit should manage it's endowment.
My impression is that most non-profit board members fit this description generally match the rest of the population. Strong endowment management skills are relatively rare and therefore lacking on the majority of NP boards & volunteer bases. That is why I was so impressed with the presentation that the Rochester Community Foundation gave at a local np board meeting last week.
What they provide is an invaluable service to non-profits. Think about it, how many small organizations can benefit from professional management for their endowment. How many NP boards killed their own organizations by spending an endowment into the ground because it wasn't protected. Working with The Rochester Community Foundation provides solutions to both of these problems.
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