Episode 6 – Higher Education and COVID-19: Part 3 — With Lawyer Michael Cooney
As a steward, how can you effectively manage your endowment fund and avoid common issues that can arise during the process?
Find out in this third and final part of our higher education mini-series!
In this episode, Bob DiMeo and Devon Francis welcome lawyer Michael Cooney, an expert in higher education and a Nixon Peabody partner. They discuss the implications and issues stewards should avoid when managing university endowments, especially in today’s climate.
In this episode, you will learn:
- The state of endowment funds during the COVID-19 pandemic
- What nonprofit stewards should consider when increasing draws from asset pools
- Whether you should borrow or launch a capital campaign during the pandemic
- What separates a good investment committee from a disjointed one
- And more!
Tune in now to discover how you can optimize the way you manage your endowment funds!
Resources: DiMeo Schneider & Associates L.L.C. | Bob DiMeo | Devon Francis | Michael Conney – Email | Nixon Peabody | Higher Education: Part 1 | Higher Education and COVID-19: Part 2 | FREE GUIDE: 6 Tips to Managing Nonprofit Investments