Hirtle, Callaghan & Co.

Is a “poverty mentality” holding your nonprofit back? Nonprofits can’t build long-term resilience by thinking year-to-year.   Our Endowment Specialist, John Griffith, recently joined Dr. Patton McDowell, MBA, CFRE on the podcast Your Path to Nonprofit Leadership to discuss how nonprofits can move beyond a needs-based mindset and plan strategically for long-term sustainability. He highlights the endowment’s role in campaigns, the value of disciplined spending, and how aligning mission with investment strategy creates flexibility for innovation.   If you’re wondering how the endowment can work better for your nonprofit - or how to frame it in donor conversations - this episode is for you.   https://lnkd.in/eCKtmUKP   #Nonprofits #Endowment # Leadership #Philanthropy 

Can museums reinvent their business model to be more sustainable? With attendance still 29% below pre-pandemic levels and costs climbing, the need for innovation has never been greater. Join us for a webcast with Catherine Lee Clarke, CFA, Garrett Wilson and Stephen Reily, Founding Director of Remuseum, a think tank helping museums thrive. We will share real-world strategies arts organizations are using to boost revenue, rethink admissions, and grow endowments — all while staying true to their mission. Register and pass this along to museum leaders, finance staff and board members: https://lnkd.in/e8s-DA5s #museum #museums #endowment #innovation #culturalinstitutions #Remuseum #ocio #investmentoffice

What is the downstream impact of private equity on public markets? And why are small caps now “adversely selected”? Chief Investment Officer, Brad Conger, recently shared his perspective on the forces reshaping investing on the podcast How I Invest with David Weisberg. Brad gave a nuanced view of what’s working, what’s not, and how allocators can adapt in a rapidly evolving investment landscape. He also shared stories from the field—from backing spinout managers to navigating market selloffs. https://lnkd.in/gmhV3G7Z #Investing #Investmentoffice #PortfolioStrategy #OCIO #PrivateMarkets #AssetManagement

Market downturns may seem like setbacks, but they also present opportunities. Director Denise McClain, JD, CPA recently spoke with Fortune reporter Alicia Adamczyk about savvy estate and tax planning strategies that high-net-worth families can use amidst volatility.   From making well-timed gifts and partial Roth conversions to harvesting losses for tax benefits, Denise shared several actions to consider—while keeping a long-term perspective.   Read more: https://lnkd.in/eYy55vyV   #WealthManagement #investing #Tax #EstatePlanning #OCIO #InvestmentOffice #taxmanagement #UHNW

What is the potential impact of the endowment tax? Endowment Specialist John Griffith analyzed the schools that could be subject to the tax—and the results were staggering. Our paper explores which schools could be affected, and how it might change the outlook for them going forward.   Read our paper to learn more about the endowment tax proposals and their implications. https://lnkd.in/ehfh3fND #endowments #highereducation #investing #OCIO #Investmentoffice

  “The client is the noble cause.” That principle has guided our Founder and Executive Chairman, Jonathan Hirtle, from the beginning and continues to define Hirtle Callaghan’s culture today.   Jon joined Adam Sarhan on the Smart Money Circle podcast to discuss how he conceived of the OCIO model, why culture matters and what it means to achieve “success with certainty”.   Listen to the podcast: This Man Built a $22B Firm By Finding His Noble Cause & Thinking About Valuation, Not Value.   Or watch the full episode here: https://lnkd.in/e3UAKBda   #investing #OCIO #Leadership #WealthManagement #investmentoffice #noblecause

We were honored to co-host the inaugural Investing for Good symposium alongside The Institute . The event featured insightful panel discussions led by Hirtle Callaghan Director, Catherine Lee Clarke, CFA, focusing on ethical investing strategies that prioritize human flourishing. Ave Maria University provided a beautiful and inspiring setting for this important dialogue. Thank you to The Institute at Ave Maria University for your partnership in bringing this meaningful conversation to life!

As Congress debates increasing taxes on university endowments, what’s at stake for smaller institutions? Our Endowment Specialist John Griffith recently spoke with Institutional Investor about the potential ripple effects of these changes on spending and investment policy. John shared that “A 10 or 21 percent tax hike would not only hinder schools’ ability to provide financial aid—particularly the mid-sized colleges—but it would also force CIOs to rethink their asset allocation.”

This year’s Philanthropy Symposium (formerly Funders Forum) through Association of Fundraising Professionals - Greater Philadelphia Chapter (AFP-GPC) at Hirtle, Callaghan & Co. lived up to the hype. Fantastic panel, energizing conversation, and countless insights shared that I can readily put to use with my clients. Big thanks to Glenmede for your support!

Is it time to take money off the table? Heading into year-end, Senior Portfolio Manager Bill Hagan, CFA discussed investment strategy with Tom Burroughes of Family Wealth Report. After the run-up in mega-cap tech, Bill talked about broadening the focus to defensive growth names and European-domiciled multinationals. He also addressed strategic asset allocation with a tax-efficient focus. To learn more, read the full article: https://lnkd.in/dJSpN_kM   #WealthManagement #investing #OCIO #FamilyOffices #investmentoffice #completefamilywealth #taxmanagement