Foundation and Endowment

Highland assists fiduciaries of foundations and endowments in discharging their duties and responsibilities as outlined in the Uniform Prudent Management of Institutional Funds Act (UPMIFA).   

In order to assist our clients in balancing budget constraints and portfolio performance, we have developed a proprietary modeling solution that allows us to conduct comprehensive asset allocation reviews for each of our foundation and endowment clients.  These studies incorporate spending needs, operation/budgetary concerns, liquidity and other portfolio requirements.

Key services we provide include:

• Developing an appropriately diversified investment strategy
• Prudently selecting the foundation’s investment vehicles
• Maintaining a disciplined process for hiring, evaluating, and terminating investment managers
• Maintaining a reasonable investment expense structure, and
• Exercising prudence in disbursements and expenditures

Our consultative approach is designed to improve overall net returns at reasonable levels of risk, assist clients in meeting their fiduciary duties, support strategic organizational purposes and achieve spending requirements to support mission needs.  We understand that strong risk-managed portfolio performance is often a critical lifeline for colleges, universities, hospitals or other non-profit organizations.