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Griswold, John S.; Jarvis, William F. – Commonfund Institute, 2014
In the wake of the financial crisis, trustees of many endowed nonprofit institutions realized that their portfolio was riskier than they thought and their own ability to tolerate loss wasn't as strong as they imagined. What can board and investment committee members do to improve their ability to assess their--and their institution's--capacity for…
Descriptors: Governing Boards, Risk Assessment, Trustees, Committees