ODV:

 

One of the tasks the Investment Management Committee is undertaking is to learn how other Not-for-Profit entities are investing their investment portfolios.  You can help us with that work.

 

Attached is a spreadsheet derived from Form 990’s filed with the IRS.  These are generally for tax years ending in 2019, filed in 2020.  The file contains information on NFPs with investment portfolios in publicly traded securities between $20 million and $70 million.  At the time the ARRL had about $26 million.

 

The list is categorized into two groups.

 

There were an additional 115 NFPs that were deleted because they are trade associations, business groups, and the like which have membership that is predominately businesses, not individuals.

 

The IMC will contact these organizations and ask some basic questions about their portfolio, including:  whether they use external advisors or managers; if they have annual cash requirements from their portfolio; how the portfolio is split between stocks, bonds, and other investment choices; and related questions.

 

We can increase our ability to get meaningful responses if we can be more targeted in who we ask.  That is where you come in.

 

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Please review the list of entity names in column B.  If you have some sort of relationship with or knowledge of the organization (maybe as a member, or if you know someone who is, or if you know a staff member) please send me an email (directly, not to the ODV list) with particulars.  Ideally, we would like to identify a person within the staff of the organization, but it will likely be more indirect.

 

Please send possible contact information within a week so the committee can get this process rolling.

 

Thanks for your assistance.

 

Rick, K7GM

On behalf of the IMC

 

Frederick (Rick) Niswander, PhD, CPA, CGMA

Professor of Accounting

East Carolina University

Greenville, NC  27858