What is IFLC's definition of an endowment?
An endowment isdefined by IFLC as an institution that receives donated money or property with the stipulation that it be invested, and the principal to remain intact in perpetuity or for a defined time period.
How does IFLC maintain the confidentiality of its endowment members?
Names, addresses and/or telephone numbers are not released to anyone without the expressed permission of the member. No roster or membership lists are published on IFLC's website or elsewhere.
Are there membership requirements?
Yes. Institutions not individuals may join IFLC. There is no minimum requirement, however, for the value of assets held in endowments funds' that desire membership in IFLC. Endowments are not required to be certified prior to admission to IFLC.
What are Fiduciary Roundtables?
Led by an industry expert, Fiduciary Roundtables represent an opportunity for trustees of endowments to share ideas and experiences with one another on a topic of interest in a location near you.
What is FiduciaryNETTM?
FiduciaryNETTM is IFLC's members-only password-protected area. FiduciaryNETTM contains experts' conversations as well as research, educational and networking features of membership.
- Q&A Hotline contains categories of questions sent by members through FiduciaryNET and answered by experts selected by IFLC.
- Briefings & Recordings are handouts and educational subjects addressed by past speakers on issues of value to pension plan sponsors.
What is the Q&A Hotline on FiduciaryNETTM?
A means for members to stay in touch with fiduciary experts between Roundtable meetings, the Q&A Hotline feature on FiduciaryNET™ is a key component of IFLC's online community service. Since its inception, trustees of endowments have asked many types of questions, from references on investment managers and investment advisors to inquiries about their process for determining the equilibrium spending rate.
Once a month all endowments receive an update on recent discussions, Q&A Hotline traffic, and other IFLC news.
Key Features of IFLC Membership for Pension Plans
- Attendance at regional Fiduciary Roundtable events
- Handouts from Roundtable events
- Full access to FiduciaryNET
- Q&A Hotline conversations
- Internet meetings
- Briefings and recordings from Internet meetings
- Monthly updates
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