ClearView Member Update - October 2019

We are pleased to share this update from the ClearView Fiduciary Alliance as we continue to pursue our mission to “Help Foundation, Endowment and Not-for-Profit Boards Make More Informed Investment Decisions.”

• Continued Growth – Our membership has grown to 55 Member organizations, including organizations from NC, SC, VA, DC, FL and NY. 
• Annual Member Meeting - On March 5, 2019, we held our Annual Members Meeting in RTP, NC where members received an update on the growth and expansion of the ClearView Fiduciary Alliance, including a review of recent studies as well as future research plans. This annual event continues to provide critical networking opportunities for our members.
• Q2 2019 Peer Analysis - In mid-August, we issued the Q2 2019 ClearView Quarterly Peer Analysis.  This quarterly analysis included 55 long-term investment portfolios and incorporated the Investment Metrics Foundation and Endowment Universe of over 1,200 foundations, endowments and not-for-profit organizations from around the country.
• Quarterly Member Webinar - On August 15, 2019, we conducted our quarterly conference call to provide ClearView Fiduciary Alliance Members and their Advisers with a summary of the investment results of foundations, endowments and not-for-profit portfolios for the 2nd quarter of 2019. 
• RFP Consulting - During the last 25 months, we have assisted 17 ClearView member organizations (representing approximately $470 million) with RFP consulting services which have included the review of Investment Policy Statements followed by the creation, dissemination and review of RFP responses. At present we are engaged with four additional RFP projects.
• ClearView Insights – Investment Policy Whitepaper (Part II) - In early September, we released the second installment of our multi-part series on Investment Policies for foundations, endowments and nonprofits. This whitepaper focused on the role of aligning investment objectives with asset allocation and benchmarking in the design of policy and implementation approach.
• Annual Investment Policy Review - On March 8, 2019, the results of our Annual Investment Policy Review were released.  In preparing this Review, we attempt to identify both “common” and “best” practices of fiduciaries of foundation, endowment and not-for-profit organizations.
• Study of Investment Fees - During the 2nd Quarter of 2019, we launched a Study of Investment Fees for Foundations, Endowments and Nonprofits.  The results of this study will be released to members and other participating organizations in October.
• NC CORD Presentation on Investment RFPs - On September 26, Larry Coats, Clearview CEO, presented “Navigating the Investment RFP” at the annual meeting of the North Carolina Community College’s Council for Resource Development in Wrightsville Beach, NC.  

To learn more about the ClearView Fiduciary Alliance, please contact:

Larry D. Coats, Jr.
919.614.3335
LCoats@ClearViewFiduciary.com

Larry D. Coats, Jr. is President and CEO of ClearView by KDI, LLC, the sponsor of the ClearView Fiduciary Alliance.  With three decades of investment industry experience, Larry has served as a Board member and on the Investment Committees of multiple foundations and endowments and has also served as a Trustee for an SEC-registered mutual fund.

About ClearView – The ClearView Fiduciary Alliance is a membership-based service of ClearView by KDI, LLC.  ClearView’s mission is “to help foundation, endowment and not-for-profit Board and Executives make better investment decisions by being more informed and better educated.  ClearView is not an investment adviser and it does not provide investment management services.  It is a resource for Executives and Board members who are focused on being better investment fiduciaries.  Its core offering is a robust, web-based system that provides its Members with independent, objective and confidential quarterly peer investment performance and portfolio allocation analysis specifically targeted to small and mid-size foundations, endowments and not-for-profit organizations.  With a base of more than 35 regional Members (representing more than $1.1 billion) and a database of nearly 800 similar portfolios from across the county, ClearView is uniquely positioned to help Boards and Investment Committees understand and analyze their investment programs and the results of their investment advisers and consultants.