Liquidity challenges for endowments & foundations February 2009 Heather Myers Director, Endowment & Foundation Strategy Is your non-profit organization facing a liquidity crunch? You may not be alone. The credit crisis and extraordinary financial eents of 2008 have impacted many endowments and foundations. For some, the cash requirements for maintaining spending programs are proving difficult to satisfy, as the normal sources of liquidity have dried up. This article:   Discusses spending policies and describes historical asset allocation shifts among endowments and foundations Summarizes recent market performance and the impact of that performance on non-profit investors Reviews how endowments and foundations have been responding to the liquidity crunch Includes three critical considerations for those overseeing non-profit funds Request this research A note about our research Our proprietary research is made available to our institutional clients, and many of these published papers are available to other institutional investors as well. If you are not a Russell client, but are an institutional investor, we welcome you to request this research piece. We only require your contact information on a short request form. For more information about our research, please contact James or Gerry:   West Coast   East Coast James Barrett Managing Director 866-926-5934 Gerry Lillis Director 866-459-4128 Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company. Date of first use: February 2009 USI-3163			Related Information Request this Research   Contact details West Coast contact James Barrett Managing Director 866-926-5934 East Coast contact Gerry Lillis Director 866-459-4128   Related information Non-profit organizations Is now the time for endowments and foundations to tilt toward cash? Printer friendly version of this page