AM24: Investment Management 101 for Small Endowments

Recorded On: 07/22/2024

This session will explain the benefits of passive investing and how an endowment can be constructed entirely with exchange traded funds (ETF). The speakers will cover the goals and objectives of the investment process, the determination of asset classes, how ETFs can enhance an actively managed portfolio, and the impact of fees on investment returns. To illustrate the passive investment process, they’ll also share five sample portfolios and compare their annualized returns to the 2023 NACUBO-Commonfund Study of Endowments for the past 1-, 3-, 5- and 10-year periods.

Learning Objectives

Differentiate between active and passive investment strategies
Identify the benefits of a passive investment strategy and how this strategy can enhance an institution's bottom line
Develop a plan to potentially improve both institutional and personal financial performance

CPE Available: 1.5 Credits in Finance

Each individual must register and attend separately to earn credit.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org

Event Information

Level: Intermediate
Prerequisites: Minimum 1-2 years of experience as a professional in higher education or a related private industry.
Advanced Preparation: None
Delivery Mode: Group internet based
Field of Study: Finance
Length: 75 minutes

Steps to Earn CPE Credit

You can only earn credit for attending the session live. CPE credit cannot be earned for watching the recordings.

To earn CPE credit, you will complete the following tasks under the Content tab, after the session has ended:

Pass the CPE codeword quiz. Write down the codewords posted in the Zoom chat at random times throughout the session and complete the quiz at the end of the session.
Submit the CPE check-out code displayed at the end of the session.
Download your CPE certificate.

You have until 5 pm Eastern Time on Wednesday, July 24, to complete these three steps or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.

Lucien Costley

Vice President for Planning and Finance

Schreiner University

After a near 10-year commitment within the K-12 industry, Lucien Costley acquired a doctoral degree and fused educational leadership with administrative experience in higher education. Costley presently serves as the chief financial officer and vice president for planning and finance at Schreiner University.

Barbara von Brandt

Assistant Professor of Accounting

Schreiner University

Dr. Barbara von Brandt, assistant professor of accounting, spent her career practicing and teaching accounting. von Brandt started her career in her native Germany where she worked in public accounting. After moving to the United States, von Brandt started working for Schreiner University in Kerrville, Texas, and served for twelve years in administrative positions as budget coordinator, controller, and assistant vice president for finance and controller. In 2015, she joined the faculty of Schreiner University and is currently teaching introductory financial and managerial accounting, intermediate, advanced, and regulatory accounting. Her research has been published in the Global Journal of Business Research and the International Journal of Business and Applied Social Science.