Setting Your Investment Policy
How to create or update your organization's Investment Policy Statement.
Why every organization needs an IPS
An Investment Policy Statement (IPS) is a written document that governs how your organization's funds are invested. It protects both the board and the organization by establishing clear guidelines, risk tolerance, and decision-making authority.
Key components of an IPS
A complete IPS includes: (1) Investment objectives and time horizon. (2) Asset allocation targets and ranges. (3) Screening criteria (ESG, faith-based). (4) Spending policy for endowments. (5) Roles and responsibilities. (6) Review and amendment process.
Getting started
Download our sample IPS template from the Resources section and customize it for your organization. We recommend reviewing your IPS annually and after any significant change in your financial situation.