What we do.

External Endowment Monitoring Programs

 

We provide External Endowment Monitoring Programs (E2MPs) for our clients through which we monitor investment performance, transactional activity and tax compliance. Currently, our E2MPs monitor more than 1,500 charitable trusts which collectively hold almost $2.6 billion in assets. These trusts include private foundations, supporting organizations, charitable remainder trusts, charitable lead trusts and charitable remainder annuity trusts, among others. These trusts range in value from the hundreds of thousands of dollars to the hundreds of millions of dollars. Our objective is to increase investment returns by 1-2% annually, terminate noneconomic trusts and ensure distributions are fair and reasonable.

Trust Portfolio Review Services

 

Our Trust Portfolio Review Services provide customized reports on the charitable trusts in your trust portfolio. Our reports include: review of the dispositive provisions of each trust instrument and the context in which the trust was created; review of recent changes in applicable state fiduciary laws and their application to the subject trust; three year trust accounting audit and a review of investment results; three year investment portfolio assessment; review of administrative fees and other expenses compared to our benchmarks; recommendations for improving investment performance, reducing expenses and increasing annual trust cash flows.

Enhancement Services

 

Our enhancement services involve the implementation of the strategies and recommendations in our reports. We devise innovative solutions and work collaboratively with trustees and co-beneficiaries. Our enhancement services have increased our clients’ cumulative annual (and perpetual) charitable trust cash flows by more than $2,500,000 in the prior twelve months. Our enhancement services have also led to the termination of uneconomic trusts and distributions of principal in excess of $1,000,000.

Retainer Based Services

 

We also provide retainer based services for unique issues which arise in connection with the day-to-day administration of internal and external charitable trust assets. These issues generally involve unfunded interests, terminating distributions from trust and estates and trustee succession and resignations.