Charities feel under pressure to review their investments on a periodic basis and often struggle to find an independent expert. We look at investments in a different way to most consultants by starting with the trustee's perspective and gaining full understanding of their financial strategy. Only then, can suitable investment decisions be made and implemented. In many cases this can be a simple reassessment rather than a full blown review, which can be time consuming and expensive.
Yoke was engaged to assist a charitable trust which had amassed a growing balance of cash from regular donations. The core issue was to establish the overall cashflows for the charity as any fundraised income was committed to capital projects on receipt, but not spent for a period of years.
We worked with the charity to understand and analyse their cashflow, highlighting the timing of commitments and allocation of grants over a rolling five-year time period. This enabled us to give a thorough review of the charity's reserves and policy, with regard to short- and long-term beneficiaries.
We prepared and presented a review of different investment approaches, focusing on capital stability and inflation protection, with a view on the overall spending policy. This helped the Trustees frame the draft Statement of Financial Objectives, Reserves and Responsible Investing Policies, and Investment Strategy. We presented this in a written report and presentation to the Board of Trustees.
As part of this work Yoke assisted with an investment management review, including overseeing a review of six potential investment managers with the charity’s Financial Advisory Committee.
What our clients say
“I wanted to say a very, very big thank you to you for all your time, support, guidance and incredible expertise in how we approached this issue and shaped how it was ultimately presented to the board of our donor. We now have a great platform upon which to build from and, to this end, I very much look forward to our continuing relationship.”
Andy Peers, Chief Executive, Longleigh Foundation