There are currently more than 1.58 million nonprofit organizations in the U.S., including public charities, community foundations and private foundations. Of these, foundations with less than $10 million in assets comprise approximately 94% of the known opportunity set and represent $463 billion in assets.1
FEG will provide the advisor with:
In turn, the advisor will be responsible for:
In addition, it is critical that the advisor provide relationship support and coordination to the institution, as many institutions in this set, especially community foundations, prefer to work with local partners.
1National Center for Charitable Statistics (NCCS). August 2016.