Philanthropic organizations exist to support specific causes endowed by their benefactors. We find that cause is even more personal when it is initiated and funded through a private family foundation. Keeping the founder’s vision alive, even after they are gone, not only funds their beloved cause, it often defines an individual’s or family’s legacy. Hence, finding asset managers to entrust to wisely manage a family foundation’s assets for it to thrive in perpetuity is crucial. When the trustees of an educational foundation needed the assistance of portfolio managers to help them manage $30 million, they chose Capital Insight Partners (CIP).
Providing a thoughtful strategy for portfolios begins with understanding the clients’ objectives. CIP’s mission is to empower our clients with Freedom To Live An Inspired Life®. So, with extensive experience serving on local boards, we focused on portfolio strategies to ensure the founder’s love for education could reliably live on through time. Her legacy and passion were something that CIP embraced. We researched and presented a portfolio management approach that represented our disciplined, long-term, stewardship approach to investing. CIP’s capabilities as a global multi-asset class money manager, and one committed to capital protection, resonated with the trustee selection committee. Our personalized-boutique firm approach combined with our access to comprehensive research from the industry, assured them that working with us, they’d enjoy a robust relationship. Working with CIP means engaging directly with the principals who make the investment decisions. As portfolio managers, are generally invested in the same securities we recommend. Although CIP competed with many national firms, being business owners ourselves helped our appeal. In this case, the foundation’s assets were the result of the founder’s own success in business. We have deep capabilities in fiduciary and trust management. Along with the personal experience of CIP partners serving as trustees on boards, we bring an informed insight into the specific nuances a private family foundation requires.
Today, foundation supports many worthwhile educational beneficiaries. We find that success gratifying.
*Some details have been changed to preserve client privacy.