Having the right endowment spending policy in place is critical for your school’s long-term success. On May 6^th, we teamed up with the Ensworth School and Armanino, a leading accounting firm, to explore the impact of spending policy on endowment growth. Together, we discussed how to design a spending policy and asset allocation that are aligned with your school’s mission.  

We also authored a whitepaper on spending policy, entitled How You Spend vs. What You Spend, which delves into the pros and cons of different spending policy methodologies. Most independent schools use the Moving Average spending policy to calculate their spending rate. But is that the right way to think about spending from an endowment?

To learn more and read an excerpt of our spending policy paper, click here. If you would like to listen to a replay of our recent webcast, please contact us.