Drive systematic improvements in your investments, finances, risk management, and governance

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10+ 13th Annual Foundations & Endowments

Profit INVESTMENT Summit Tuesday, January 19th

risk management, and governance Featured

Investment Division, Wellcome Trust (UK) Erik

Cooke, President & CEO, Hamilton Community

McMurtry, President & CEO, Children s Aid

Bensimon, Chair, Endowment Fund, Technion

Technology Bruce Lourie, President, Ivey

Allocation Alternative Investments Currency

Management & Governance Manager Selection

1 10+ 13th Annual Foundations & Endowments Speaking Foundation, Endowment & Not For Profit INVESTMENT Summit Tuesday, January 19th - Wednesday, January 20th, 2016 The Ritz-Carlton, Toronto Drive systematic improvements in your investments, finances, risk management, and governance Featured speakers Nicholas Moakes, Managing Director, Investment Division, Wellcome Trust (UK) Erik Mathiesen, CFO, United Church of Canada Terry Cooke, President & CEO, Hamilton Community Foundation Latest insights on: Valerie McMurtry, President & CEO, Children s Aid Foundation Jack J. Bensimon, Chair, Endowment Fund, Technion Canada / Technion - Israel Institute of Technology Bruce Lourie, President, Ivey Foundation Modern Endowment Model Asset Allocation Alternative Investments Currency Hedging Impact & Ethical Investing Risk Management & Governance Manager Selection Donor Relations Pre-conference workshop Impact Investing for Foundations 101 Gold Sponsors: Silver Sponsors: Bronze Sponsors: Partners:

Register Today Don t miss your chance to engage in timely discussion with leaders in philanthropic management.

investment strategy to market realities and creating lasting impact.

affecting your portfolios. Are you prepared to deal with the market volatility?

mandate. We look forward to you joining your peers at this marquee event! registrations@strategyinstitute.com www.foundationendowment.

and showcase your thought leadership. Contact us today on available opportunities!

com WHAT S NEW THIS YEAR: Your Foundation, Endowment & NFP Investment Team Strategy Institute 1 Hear from a British Foundation with 20

foundations are divesting from fossil fuels one of the hottest topics in the industry Find out how to implement currency hedging and

2 Register Today Don t miss your chance to engage in timely discussion with leaders in philanthropic management x 200 Welcome to Canada s ORIGINAL and LEADING summit for foundations, endowments and NFPs helping you to adapt your investment strategy to market realities and creating lasting impact. The stock market crash in China, falling oil prices, currency fluctuations, and the crisis in Greece are just some of the headlines affecting your portfolios. Are you prepared to deal with the market volatility? Featuring 15+ industry leaders and investment experts, this event gives you practical advice on preserving your capital, maximizing returns and meeting your obligations. Stay on top of the latest investment trends and developments to further your objectives and develop strategies to help you deliver your mandate. We look forward to you joining your peers at this marquee event! registrations@strategyinstitute.com Industry Experts and Solutions Providers: Be Top of Mind Strategy Institute events empower you to develop business, build your brand, and showcase your thought leadership. Contact us today on available opportunities! Chris Lanzarotta Sponsorship Manager T: x240 E: opportunities@strategyinstitute.com WHAT S NEW THIS YEAR: Your Foundation, Endowment & NFP Investment Team Strategy Institute 1 Hear from a British Foundation with 20 billion GBP in assets on their innovative approach to a modern endowment model Acquire Critical Insights From: 2 3 Discover why some foundations are divesting from fossil fuels one of the hottest topics in the industry Find out how to implement currency hedging and reduce your exposure critical in Canada s current economic climate 4 Learn from a keynote on good governance best practices 5 Glean insight into a new, holistic approach to risk management 6 Take away ideas on how to structure an emerging market portfolio 7 Balance the needs of your donor legacy expectations with your mandate Join LinkedIn group Foundation, Endowment & Not for Profit Investment Strategies Register Today by Calling x registrations@strategyinstitute.com

WHO YOU WILL MEET AT THIS EVENT: Foundations, Endowments & Not-for-Profits Chief Investment Officer CEO & President Executive Director VP & Director, Finance / Investment CFO Investment Committees

investing Earn donor trust with better governance and compliance Learn from experiences of peer foundations & endowments Asset Managers and Money Managers Chief Investment Officer Managing Director

3 WHO YOU WILL MEET AT THIS EVENT: Foundations, Endowments & Not-for-Profits Chief Investment Officer CEO & President Executive Director VP & Director, Finance / Investment CFO Investment Committees Board of Directors Trustees Treasurer Protect your capital and increase asset worth Balance investment and disbursement to deliver on mission Contribute to your mandate with impact and responsible investing Earn donor trust with better governance and compliance Learn from experiences of peer foundations & endowments Asset Managers and Money Managers Chief Investment Officer Managing Director Principal VP & Director, Strategy VP, Product Development VP, Sales/ Marketing VP, Business Development Portfolio Manager Connect with CIOs and decision-makers Forge new relationships and become a preferred provider Contribute to investment advancements and build industry growth Consultants Managing Director Principal Partner VP & Director, Strategy Rethink how you select investment managers Network with existing and prospective clients Prepare for emerging economic challenges Day 1 Tuesday January 19th, :00 AM Registration and Breakfast 8:45 AM Opening Comments From the Chair Chris Wright, Head of Canadian Institutional Sales, Standard Life Investments 9:00 AM Case Study: Toronto Foundation Create Meaningful Legacies to Meet Donor Expectations Philanthropic needs and vehicles are changing. How are foundations and their advisors evolving to meet these needs? Hear how the Toronto Foundation s evolving approach tackles this new philanthropic landscape and learn how your organization can adapt to these changes. Gain insights on how to: Understand the legacies donors are trying to create Respond to the changing landscape of donor expectations Manage complex legacy gifts Build legacies that benefit your donors and help you meet your organizational mandate. Anne Brayley, Vice President, Philanthropic Services, Toronto Foundation 9:45 AM Case Study: Risk Management How to Develop a Risk Approach to Investment and Protect Your Mission A holistic risk approach to how you manage your foundation or endowment, from governance to allocation, can improve your understanding of the risks faced by your endowment and protect it. Explore how risk management could improve your governance, processes and funds performance. Attend this session to learn how a risk framework could help you: Choose the right type / amount of risk for your foundation or endowment Inform your asset allocation to match your risk drivers Identify key concerns, otherwise overlooked Take away new approaches to governance and investment management to preserve capital and your institution s mission. Jack J. Bensimon, Chair, Endowment Fund, Technion Canada / Technion - Israel Institute of Technology Register Online at Register today at

10:15 AM Spotlight If Outsource CIO is the Solution, What Was my Problem? Endowments, foundations and not-for-profit organizations face the challenge of navigating complex investment environments.

There s a broad choice of solutions, some of which may be better suited to meet the specific needs of your organization.

improving outcomes Explore how different solutions can ready your organization for investment challenges and improve the odds of meeting your investment goals.

Practical Implementation Guide to Improve Your Money Manager Search, Selection and Evaluation Mitigate risks, meet due diligence, and enhance performance through manager selection.

Learn how to: Staff an investment committee with diversified expertise Design and implement a systematic selection process Match communication styles and investment sophistication Determine how to

Bensimon, Chair, Endowment Fund, Technion Canada / Technion - Israel Institute of Technology Martin Leclair, Vice President, CFA Proteus 11:45 AM Industry Expert Harness Your Investment Portfolio to

A different approach involves identifying the investment objectives that best align with those pay-out obligations and then building a portfolio which has the best chance of achieving those

4 10:15 AM Spotlight If Outsource CIO is the Solution, What Was my Problem? Endowments, foundations and not-for-profit organizations face the challenge of navigating complex investment environments. Increasingly, outsourcing investment decision-making to a third party, such as an Outsource Chief Investment Officer (CIO), is being put forward as the solution. There s a broad choice of solutions, some of which may be better suited to meet the specific needs of your organization. Gather intelligence on: The range of challenges faced by investors What to look for in a solution to fit the governance and preferences of your organization Outsourcing solutions as a means for improving outcomes Explore how different solutions can ready your organization for investment challenges and improve the odds of meeting your investment goals. Peter Muldowney, Senior Vice President, Institutional Strategy, Connor, Clark & Lunn Financial Group 10:30 AM Mid-Morning Networking Break Sponsored by: 11:00 AM In Conversation: Manager Selection A Practical Implementation Guide to Improve Your Money Manager Search, Selection and Evaluation Mitigate risks, meet due diligence, and enhance performance through manager selection. Acquire tricks of the trade and avoid pitfalls when conducting your own search. Learn how to: Staff an investment committee with diversified expertise Design and implement a systematic selection process Match communication styles and investment sophistication Determine how to search and select asset managers for your mandate. Jack J. Bensimon, Chair, Endowment Fund, Technion Canada / Technion - Israel Institute of Technology Martin Leclair, Vice President, CFA Proteus 11:45 AM Industry Expert Harness Your Investment Portfolio to Your Pay-Out Obligations In today s challenging investment climate, traditional portfolio diversification may fall short in helping to meet foundation and endowment pay-out obligations. A different approach involves identifying the investment objectives that best align with those pay-out obligations and then building a portfolio which has the best chance of achieving those objectives, such as: Income Asset growth Capital preservation Inflation protection Learn how Objective-Driven Investing can help you optimize investment risk and return to better meet your pay-out obligations. 12:15 PM Speed Networking Meet and Exchange Ideas With Your Peers in the Foundations, Endowments and Not-for-Profit Investment Community Set the tone for the rest of the conference by networking with your peers. Your conversations can shape the dialogue over the next two days. One-on-one conversation often results in valuable take-aways after all, two heads are better than one! 12:45 PM Networking Lunch 2:00 PM Case Study: Mount Sinai Hospital Foundation How to Implement Currency Hedging to Protect Your Gains Is currency hedging right for your foundation given your currency exposures? Are there valid strategies and are these worth the cost? Learn lessons your organization can apply from this foundation s journey and compromise to protect its gains against currency risk. Hear how to: Investigate the value proposition of currency hedging for your foundation Find the right balance and decide how much to hedge Ensure management can move investment committee decisions forward Find out about best practices in currency hedging. Terry Caputo, VP & CFO, Mount Sinai Hospital Foundation 2:30 PM Foundations Roundtable Foundation and Endowment Management: Harness Evolving Opportunities and Overcome Critical Challenges Growing philanthropic needs combined with persistent economic pressure challenge today s foundations to achieve more with less. Gather practical wisdom from foundation leaders to fulfill fiduciary duties, improve efficiency, and deliver on mission. Amplify your efforts to: Fortify governance through a holistic management framework Collaborate effectively with investment and finance committees Cultivate donor relationships and development capacity Explore partnerships and resource pooling to reduce demand Overcome organizational and fiscal challenges for your foundation. Valerie McMurtry, President & CEO, Children s Aid Foundation Bruce Lourie, President, Ivey Foundation moderator Kelly Rodgers, President, Rodgers Investment Consulting 3:15 PM Mid-Afternoon Networking Break Michael Reid, FSA, FCIA, Managing Director, Investment Solutions Team, Manulife Asset Management Join LinkedIn group Foundation, Endowment & Not for Profit Investment Strategies registrations@strategyinstitute.com

3:45 PM Industry Expert The Evolution of Structured Products and How They Can Help Manage Risk and Returns The balance between risk and potential return is an important consideration for any

In this session you will learn how customized structured products can help you manage the risk and return of your portfolio.

of the tools available to you in managing your portfolios.

complex. As a result, the roles of different types of firms are becoming blurred which can result in conflicts of interest.

of the financial services that can benefit your organization.

5 3:45 PM Industry Expert The Evolution of Structured Products and How They Can Help Manage Risk and Returns The balance between risk and potential return is an important consideration for any investor, not to mention for foundations and endowment funds. Balancing these two factors to ensure capital is preserved and funding requirements are met can be a challenge. In this session you will learn how customized structured products can help you manage the risk and return of your portfolio. Learn about the origins of structured products Understand how the asset class has evolved Observe scenarios addressing different circumstances of risk and desired return Gain a greater understanding of the tools available to you in managing your portfolios. Greg Zaludek, Director of Sales, BMO Capital Markets 4:15 PM Financial Services Expert: Understanding the Financial Services Marketplace The financial services industry is becoming increasingly complex. As a result, the roles of different types of firms are becoming blurred which can result in conflicts of interest. Learn how to: Identify the types of firms that will be looking for your business Understand various firm offerings Select the firms and services are appropriate for your needs Gain an understanding of the financial services that can benefit your organization. Kelly Rodgers, President, Rodgers Investment Consulting 4:45 PM Conference Adjourns to Day Two 4:50 PM Drinks Reception Day 2 Wednesday January 20th, :00 AM Registration and Breakfast 8:45 AM Opening Comments From the Chair Chris Wright, Head of Canadian Institutional Sales, Standard Life Investments 9:00 AM Keynote Address Excellence Through Governance: An Inside Look at the Most Overlooked but Valuable Investment Strategies Good governance best practices are rooted in clarity of purpose and structure. The challenge for F&E struggling with governance is the implementation of these practices. Core to the Hamilton Community Foundation s success is an integral governance model that focuses on mission. See what you can learn from this Foundation s approach to good governance: Define clear roles and duties for your Board, CEO and staff Role of the investment committee, its members qualification, and what the IC should and should not address Facilitate effective communication between stakeholders Align belief statement, investment policy and manager evaluation Enable continuous improvement in governance and compliance within your organization. Terry Cooke, President & CEO, Hamilton Community Foundation 9:30 AM Legal Expert: Drafting Gift Agreements Avoiding Pitfalls in Drafting Gift Agreements A gift agreement is not a legal requirement in order to make a gift, but it can help avoid confusion at a later time. Understand how gift agreements can benefit your organization by making it clear whether there was a gift and what the terms of the gift were. Source insights on how to: Prevent gift agreements from going wrong Work with donor restrictions Avoid 12 common drafting pitfalls Drafting agreements to avoid confusion with donor gifts. Terrance S. Carter, Managing Partner, Carters Professional Corporation Quality of speakers and content was great. Rahan Clair, VGH Hospital Foundation Register Online at Register today at

10:15 AM Mid-morning Networking Break 10:45 AM Peer-to-Peer Discussion: F&E Investment Models of the Future How Would You Allocate Your Portfolio if You Could Start from Scratch?

These are encompassing broader frameworks, including governance, asset allocation, and execution. Join this peer discussion to explore new investment models.

1:30 PM Case Study: Inspirit Foundation Develop an Impact Investing Strategy and Implementation Roadmap to Further Your Mandate Impact investing can help you achieve not only financial, but social

Source insights to: Create a mission related investment framework and targets Fine-tune ESG screens and benchmarks Strengthen governance and relationship with portfolio managers Overcome hurdles and

Andrea Nemtin, President & CEO, Inspirit Foundation 11:30 AM Industry Expert Panel: Alternatives How to Access Illiquid Alternatives: Evaluating the Options for Smaller Institutional Investors

Recognize how F&Es can access equity, mortgage funds, infrastructure, and farmland.

6 10:15 AM Mid-morning Networking Break 10:45 AM Peer-to-Peer Discussion: F&E Investment Models of the Future How Would You Allocate Your Portfolio if You Could Start from Scratch? Discussions about investment models, among a new generation of institutional investors today, are going beyond simple asset allocation discussion. These are encompassing broader frameworks, including governance, asset allocation, and execution. Join this peer discussion to explore new investment models. Attendees will be given particular parameters to work with, including size of portfolio, a percentage annual return, and liquidity. Take advantage of the opportunity to break the mold and innovate. 1:30 PM Case Study: Inspirit Foundation Develop an Impact Investing Strategy and Implementation Roadmap to Further Your Mandate Impact investing can help you achieve not only financial, but social and moral returns, aligning investments with your mandate. Examine this Foundation s approach to deepen its commitments to impact investing, their challenges and the lessons you can learn. Source insights to: Create a mission related investment framework and targets Fine-tune ESG screens and benchmarks Strengthen governance and relationship with portfolio managers Overcome hurdles and challenges towards an impactdriven portfolio Foster socially responsible and mission focused financial returns. Andrea Nemtin, President & CEO, Inspirit Foundation 11:30 AM Industry Expert Panel: Alternatives How to Access Illiquid Alternatives: Evaluating the Options for Smaller Institutional Investors Emulate the success of large pension funds and US endowments by capitalizing on diversification and risk-adjusted performance of less liquid alternative investments. Recognize how F&Es can access equity, mortgage funds, infrastructure, and farmland. Improve your understanding on: Challenges and opportunities of less liquid investments Benefits of co-mingled investment funds for illiquid opportunities Special considerations for allocating to illiquid alternatives Strengthen your ROI by allocating like the world s biggest investors. Bruce Myers, Co-Head, Cambridge Associates Greg Romundt, President & CEO, Centurion Asset Management Inc. 2:00 PM Impact Investing for Foundations New Opportunities to Leverage Foundation Assets Many foundations are looking to social finance or impact investing as a way to increase the overall impact of their resources. From outcome based financing instruments to impact funds, social finance opportunities are becoming more commonplace. This session will focus on how your foundation can: Develop an impact investing framework Explore specific opportunities in the marketplace Measure both financial and social return on investment Discover new avenues to support your mission and investment goals. Terry Cooke, President & CEO, Hamilton Community Foundation 2:30 PM Mid-afternoon Networking Break moderator Stephanie Kremer, Vice President, Business Development and Institutional Sales, Centurion Asset Management 12:15 PM Networking Lunch It has been great to hear multiple perspectives on the fundamental nature of managing a portfolio. Michael Nicks, Pepperdine University 3:00 PM Case Study: United Church of Canada Divesting from Fossil Fuels A Step Forward towards Ethical Investing In August 2015, the United Church of Canada voted to drop fossil fuels from its investment portfolio, which included holdings in 200 of the world s largest publicly traded fossil fuel companies today. Hear about the journey and process behind the United Church of Canada s decision to divest. Gain insights to help you: Examine the implications and overcome the barriers to divest Develop the right divestment framework with your investment committee Support your mission with alternative ethical investing opportunities Gain lessons learned and next steps from this non-profit s fossil-fuel divestment process. Erik Mathiesen, CFO, United Church of Canada Register Today by Calling x registrations@strategyinstitute.com

3:30 PM Problem Solving Forum Conference Tangibles Collaborate on Common Challenges to Build the Path Ahead Share your ideas and experiences with other foundations and endowments with similar goals

Pool your collective knowledge as a think-tank and take away concrete recommendations to improve your organization.

cosmopolitan culture through touch, taste, smell, sight, and sound.

foundations and investors. However, many questions remain around feasibility, why you should consider it, and how foundations can integrate mission-related investment initiatives into their mandates.

7 3:30 PM Problem Solving Forum Conference Tangibles Collaborate on Common Challenges to Build the Path Ahead Share your ideas and experiences with other foundations and endowments with similar goals and interests. Get a chance to meet your peers and industry experts. The audience will divide into groups to discuss major themes. Pool your collective knowledge as a think-tank and take away concrete recommendations to improve your organization. 4:15 PM Conference Adjourns Staying at the hotel has its advantages From the moment you arrive at our luxury hotel, centrally located in the heart of Toronto, you will begin to explore the city s cosmopolitan culture through touch, taste, smell, sight, and sound. Pre-Conference Workshop Monday January 18th, :00 PM - 4:00 PM Impact Investing for Foundations 101 Responsible investing, social finance and impact investing are gaining momentum among Canadian foundations and investors. However, many questions remain around feasibility, why you should consider it, and how foundations can integrate mission-related investment initiatives into their mandates. This interactive workshop will provide you with the latest trends, developments and opportunities in social finance or impact investing today. 1. Define impact investing what it is and what it s not 2. Examine the state of impact investing in Canada 3. Examples of impact investing by Canadian and International Foundations 4. Establish the right framework and overcome challenges along the way 5. Ensure due diligence and benchmark financial performance and impact Overcome the barriers to impact and responsible investing and improve your triple bottom line. Adam Jagelewski, Director, Capital Advisory, MaRS Centre for Impact Investing Jaymin Kim, Associate, MaRS Centre for Impact Investing Kathryn Wortsman, Investment Director, MaRS Centre for Impact Investing The conference is professionally organized with a great roster of speakers. The lasting impact of course, is the people you meet and relationships established. Ian Barnes, Jewish Foundation of Manitoba Quality of speakers and content was great. Rahan Clair, VGH Hospital Foundation Benefits of staying at the hotel include Networking: Onsite social activities for conference attendees and speakers Upscale Amenities: Luxury spa, fitness centre and three acclaimed restaurants right in downtown. Location: Located near many of Toronto s most popular attractions, including the Air Canada Centre, TIFF Bell Lightbox, CN Tower and the Entertainment District. Accommodations: Guest rooms feature modern furnishings, spacious baths, heated floors, and stunning views of the downtown Toronto skyline. Book your accommodations at The Ritz-Carlton, Toronto by January 4th 2016, for an exclusive rate of $300.00/ night by mentioning Foundation Summit, when you call Maximize your networking opportunities by staying at the same hotel as the conference! The Ritz-Carlton, Toronto 181 Wellington Street West Toronto, Ontario M5V 3G7 Canada Direct: Reservations: Register Online at Register today at

13th Annual Foundation, Endowment & Not For Profit #1 Event on Foundations Endowment January 19th - 20th, 2016 The Ritz-Carlton, Toronto Acquire Critical Insights from: ATTENTION MAILROOM: If

1-866-298-9343 ext. 200 Email: registrations@strategyinstitute.com Web: www.foundationendowment.

8 13th Annual Foundation, Endowment & Not For Profit #1 Event on Foundations Endowment January 19th - 20th, 2016 The Ritz-Carlton, Toronto Acquire Critical Insights from: ATTENTION MAILROOM: If undeliverable to addressee, please forward to: President & CEO Chief Investment Officer, CFO, VP/ Director, Finance/ Investment, CEO/President, Executive Director 4 Easy Ways To Register Tel: ext registrations@strategyinstitute.com Web: Mail: Strategy Institute, 401 Richmond St, West Suite 401 Toronto, Ontario M5V 3A8 Foundation, Endowment, and Not For Profit Regular Investment Conference only $895 $2,495 Conference + 1 Workshop $1,190 $2,890 Workshop Only $595 CONFERENCE CODE: Group Bookings: Receive 25% Discount. Register FOUR delegates and each person will receive a 25% discount Registration fee: Subject to 13% HST. The Regular investment includes luncheon, refreshments, networking breaks, continental breakfast, and original course materials. Payment is required in advance and can be made by company cheque, VISA, MasterCard, or American Express. Please make cheques payable to Strategy Institute Inc. Group Discount: A Group Discount is offered for this conference (not in combination with any other offer). To be eligible for the Group Discount, delegates MUST register at the same time. The total discount per delegate (including applicable group discounts, etc.) MUST not exceed 25% of the regular conference costs. Cancellations: Cancellations must be received in writing by January 5th, Cancellations received by this date will be eligible for a prompt refund less a $ (plus HST) administration fee. If you register for the program and do not attend, you are liable for the full registration fee unless you cancel according to the terms stated above. If you are unable to attend, delegate substitution is permitted up to, and including, the day of the conference. Admission Policy: Strategy Institute reserves the right to restrict entry to the conference to any individual. Any such person requested to leave the conference site shall do so immediately upon request, whether previously issued a badge permitting entry. There is no refund payable with respect to anyone refused entry. Any information obtained at the conference cannot be relied upon for any particular set of circumstances, cannot be taken as professional advice or opinion. Attendees must consult with the appropriate professional before acting in response to information obtained at the conference. Evening Social Activities: Please drink responsibly. Strategy Institute shall not be liable for any consequential damages and/or personal injuries caused by excessive or irresponsible alcohol consumption registrations@strategyinstitute.com

Monday June 5th, and Tuesday, June 6th, 2017 One King West, Toronto, ON. Risk Managers: Maximize Insurance ROI, Mitigate Risks and Reduce Costs

The Strategy Institute presents Leading RISK MANAGERS share their strategies 13 th Annual Canadian Captives Corporate Insurance & Strategies Summit Monday June 5th, and Tuesday, June 6th, 2017 One King