Managing Endowment Funds
for Nonprofit Organizations and
Charitable Foundations

“Clark Capital is privileged to partner with nonprofit organizations
in an effort to help secure their financial stability by preserving
and growing endowments that can enable their long-term viability.
As founder and chairman of Clark Capital, I am committed to
guiding our nonprofit clients through the many ‘best practices’
that we believe will enable them to succeed in their missions.”

Harry J. Clark, CFP®
Executive Chairman

Our Mission

Clark Capital Cares, a division of Clark Capital Management Group, Inc., was developed to help preserve and grow the endowment funds of nonprofit organizations.

Nonprofit organizations form a “safety net” for many communities. Selfless volunteers and dedicated staffers help lift the needy from poverty, offer solace and care to those suffering, provide enriched educational opportunities to students at all levels, and expand our world view through diverse cultural programs.

Clark Capital Cares is specifically designed to provide the highest level of guidance regarding nonprofit investment management and to offer a wide array of investment vehicles to meet each organization’s needs.

Charity Is at Our Core

Charitable giving is one way that many people elect to support a specific cause or organization that is close to their heart. In this spirit of giving, Clark Capital identifies a charity to support each month. A donation is made, supported by the proceeds of an employee “casual day,” a matching contribution by the Firm, and a similar contribution by the principal. Opportunities are sought for employees to serve within the community or to contribute to seasonal causes.

Whether your organization supports sick children, the enviroment, the arts, or even your local animal shelter, Clark Capital will work hard to ensure that you meet your objectives.

Overcoming Challenges

As a non-profit organization, you have been charged with a profound responsibility: to permanently ensure the long-term financial stability of your organization by preserving and growing your endowment fund.

Unfortunately, professionally managed endowment funds are required to update and maintain documents that clearly define financial objectives and obligations. These include Articles of Incorporation, Bylaws, Conflict of Interest Policy and Investment Policy Statements. Each must be consistent with regulations described in the Uniform Prudent Management of Institutional Funds Act (UPMIFA).

In order to help you succeed within this morass of regulatory confusion and fiduciary responsibility, Clark Capital Cares can help your organization conduct regular document reviews and thorough analyses of your mission statement, unique goals, risk tolerance, general market conditions, as well as monitoring the performance of your investment portfolios.

Making a Difference

Clark Capital Cares’ responsibility as an advisor to the endowment funds entrusted to us is one that we take very seriously. Our experienced investment professionals seek to develop investment strategies uniquely structured to fit your stated financial goals and objectives using a disciplined, quantitative, unemotional process. An investment course is determined only after a detailed consultation with your investment committee and board members. We believe this approach to asset management can help preserve, protect and grow your assets.

It is this commitment to a client-centered approach that has gained Clark Capital Management Group numerous awards and recognition over many years, including being named 2017 Strategist of the Year by Envestnet.

Our Commitment to You

Clark Capital Cares is committed to helping our charitable clients reach their institutional goals. We are extremely proud to be able to serve many nonprofit organizations across the country.

For over a quarter of a century, we have provided sophisticated strategies designed to enhance and preserve principle for our charitable organization clients. Clark Capital’s portfolio managers have consistently performed well in Morningstar rankings against their peers.

As an independent asset management firm, we avoid internal conflicts that may influence our advice — your objectives become ours. To assist you in maintaining and growing your endowment fund is the driving force behind our investment philosophy.

The opinions expressed are those of the Clark Capital Management Group Investment Team. The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. There is no guarantee of the future performance of any Clark Capital investment portfolio. Material presented has been derived from sources considered to be reliable, but the accuracy and completeness cannot be guaranteed. Nothing herein should be construed as a solicitation, recommendation or an offer to buy, sell or hold any securities, other investments or to adopt any investment strategy or strategies. For educational use only. This information is not intended to serve as investment advice. This material is not intended to be relied upon as a forecast or research. The investment or strategy discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances. Past performance does not guarantee future results.

Clark Capital Management Group, Inc. reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs. The information provided in this report should not be considered a recommendation to purchase or sell any particular security, sector or industry. There is no assurance that any securities, sectors or industries discussed herein will be included in or excluded from an account’s portfolio. It should not be assumed that any of the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein.

Clark Capital Management Group, Inc. is an investment adviser registered with the U.S. Securities and Exchange. Registration does not imply a certain level of skill or training. More information about Clark Capital’s advisory services can be found in its Form ADV which is available upon request.

This material is not financial advice or an offer to sell any product. Not every client’s account will have these exact characteristics. The actual characteristics with respect to any particular client account will vary based on a number of factors including but not limited to: (i) the size of the account; (ii) investment restrictions applicable to the account, if any; and (iii) market exigencies at the time of investment.

Envestnet, Inc. and Investment Advisor magazine selected finalists for the Strategist of the Year award using Envestnet | PMC’s proprietary methodology. To qualify, a manager must have run the strategy for at least three years with $200 million or more in assets, and the product must be reported through Envestnet |PMC’s Premium Research solutions. Past performance is not indicative of future results.

Morningstar is the largest independent research organization serving more than 5.2 million individual investors, 210,000 Financial Advisors, and 1,700 institutional clients around the world.
For each separate account with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a separate account’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of separate accounts in each category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars and the bottom 10% receive one star. The Overall Morningstar Rating for a separate account is derived from a weighted average of the performance figures associated with its three-, five- and ten-year Morningstar Rating metrics.