A private foundation with a successful long-term investment program sought an independent assessment of its strategy and advisory relationship.

Nothing was broken. The portfolio continued to support spending requirements and preserve purchasing power. However, a new investment committee chair wanted to ensure the foundation remained well-positioned for the future.

The committee was not looking for change for its own sake. Instead, it wanted an objective evaluation of whether the current approach remained the best fit amid an evolving investment landscape.

• Does the current strategy remain aligned with the foundation's objectives?

• Is portfolio complexity still justified?

• Are there new approaches worth considering?

• How are peer institutions evolving?

• Which partner is best positioned to support the next decade?

• Conducted an independent review of the existing investment program

• Evaluated governance structure and decision-making processes

• Assessed portfolio complexity and implementation considerations

• Provided perspective on industry trends and peer practices

• Conducted a structured review of advisory alternatives

• Facilitated committee discussions and evaluation

The review provided the committee with a broader perspective on the evolving investment landscape and helped clarify the tradeoffs embedded within various approaches.

After evaluating alternatives, the committee concluded that the incumbent remained the strongest long-term partner. The process reinforced confidence in the existing strategy while identifying opportunities for thoughtful evolution over time.

• Governance Review
• OCIO Search
• Private Foundations
• Portfolio Complexity