Endowments, Estates and Large Funds
Endowments, Estates and Large Funds - How Big Investors Can Make a Difference
When you are the head of an endowment, trust, estate or other large fund deciding where to invest has as much to do with the good the money can do as it does with the return on the investment itself. Big investors aren't usually looking for investments to solely grow their wealth - though that is an important factor - they also want to ensure their money adds to the good in the world. That positive attitude can manifest in a variety of investment options, all of which grow more than just personal or professional wealth.
One of the most effective ways to handle a large investment is to invest locally. This benefits the investor - whether private or professional - on many different levels. First, the effects of their investment are able to be seen in real time. This local investment also brings with it the benefit on enhancing your own neighbourhood and, in turn, increasing property values, bolstering the economy and otherwise improving the area. When the endowment or investment comes from a professional organisation, local investments also work as an effective and positive marketing tool.
In terms of a return on investment, a local investment can offer a higher pay out than, for example, making a charitable donation. Philanthropy, however, brings its own rewards. Although traditionally seen as simply a way to give back to the community with little or no monetary return on the investment, philanthropy has grown into a fairly diverse type of investment in its own right. Venture Philanthropy has become increasingly popular and offers a perfect solution for big investors who want to positively impact the world while still wanting something in return.
It's true that money doesn't buy happiness, but that doesn't mean it can't do any good. Being in a position to make a big investment means you are in a position to do more than simply grow your money. You're in a position to change the lives of the people around you, to impact your community and even to help change the world for the better. Talking to industry experts like the staff of Compare the Financial Markets in order to find out about investing locally or finding a Venture Philanthropy opportunity might be the perfect way for you to make the world a better place and still maintain a healthy financial portfolio.
