Philanthropy Works

At RightPath Investments, we believe that philanthropy and community involvement are an integral part of business.

That's why founder Steve Smith participates in activities like the annual Courage Classic bicycle ride to support The Children's Hospital and serves on several non-profit boards in Summit County, Colorado.

Foundations and Non-Profit Fiduciaries

Endowment committees face unique issues and bear a considerable burden; sometimes larger than they realize. And, simply by virtue of working as a committee or within the non-profit framework, they may grapple with challenges not faced by other fiduciaries:

Sometimes members are paid, others are volunteers, creating unique needs.
The role of group dynamics and effective communications must be considered.
Committees often strive to adopt “best practices.”

To untangle this rare convergence of group actions and financial discipline, we offer services specific to the needs of foundations and non-profit fiduciaries:

A fiduciary review, in which the effectiveness of the investment committee is evaluated.
Promotion of stewardship that showcases the fiduciary process to potential donors.
Goal definition that integrates the relationship between endowment policy and the IPS.
Adoption of an appropriate spending rule and smoothing rule.
Proper asset allocation, including:
- Ascertaining risk tolerance,
- Defining a time horizon,
- Generating a modeled return,
- Appropriate asset classes, and
- Rebalancing guidelines.
Assistance in defining the duties of all involved parties.
Development of mission-driven or SRI options.