Socially Responsible Investing for Foundations & Endowments

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1 A presentation on: Socially Responsible Investing for Foundations & Endowments Cascade Financial Strategies Jack Schniepp ChFC CFP Ryan Andrews 243 SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

their mission Organizations are increasingly considering the impact that the remaining 95 percent

2 Foundations making an impact & endowments 5% Foundations & endowments have historically focused on creating an impact with the 5 percent of their portfolio allocated to grants and fulfilling their mission Organizations are increasingly considering the impact that the remaining 95 percent of their portfolio 95% CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

Socially responsible investing what is sri investing Socially responsible investing is a investment philosophy that aligns investor values with the companies they invest in

for their employees, customers, suppliers, and other stakeholders Examples include: a designated board member representing employees Impact Companies whose core business is of

3 Socially responsible investing what is sri investing Socially responsible investing is a investment philosophy that aligns investor values with the companies they invest in Sustainable Companies and industries that focus on environmentally sustainable practices within their industry, or industries that are themselves delivering products that are environmentally sustainable. Examples include: alternative energy, sustainable farming Responsible Companies that have corporate governance and a company culture that focuses on a positive human impact for their employees, customers, suppliers, and other stakeholders Examples include: a designated board member representing employees Impact Companies whose core business is of itself related to a social good. Impact investments seek to not only avoid negative practices but to proactively seek out positive opportunities Examples include: a microfinance bank, a sewing center employing workers that were formerly trafficked CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

Growth of SRI investing assets under management in socially responsible funds SRI INVESTMENT FUNDS 18% of total assets under management 1 5000 3750 Assets Under Management in funds incorporating SRI

4 Growth of SRI investing assets under management in socially responsible funds SRI INVESTMENT FUNDS 18% of total assets under management Assets Under Management in funds incorporating SRI factors $ Billions As of December 31, 2014 SOURCES: 2014 report on US Sustainable, Responsible and Impact investing (US SIF) CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

SRI investment options investment options have increased in the last twenty years 1000 Number of SRI Funds 750 500 250 0 1995 1997 1999 2001 2003 2005 2007 2010 2012 As of

5 SRI investment options investment options have increased in the last twenty years 1000 Number of SRI Funds As of December 31, 2014 SOURCES: 2014 report on US Sustainable, Responsible and Impact investing (US SIF) CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON

SRI returns do investors have to give up returns to invest with their values? As of Feb 17, 2015 Year-to-date 1-Year Returns 3-Year returns 5-Year returns S&P 500 Index -5.73% -8.26% 8.23% 7.

6 SRI returns do investors have to give up returns to invest with their values? As of Feb 17, 2015 Year-to-date 1-Year Returns 3-Year returns 5-Year returns S&P 500 Index -5.73% -8.26% 8.23% 7.53% S&P SRI Index -5.67% % 7.82% S&P 500 (SPX) S&P SRI (SPXESRP) Feb 2/17/11 11 Feb 2/15/12 12 Feb 2/14/13 13 Feb 2/12/14 14 Feb 2/10/15 15 Feb 2/8/16 16 SOURCES: CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

Trends foundations and endowments are rapidly transition to SRI investments Commitments to divest portfolios

436 INSTITUTIONS and 2,040 individuals across 43 countries 115 PHILANTHROPIC ORGANIZATIONS with assets

com/home/2015/10/8/well-say-it-again-listen-for-falling-dominoes-on-fossil-fuel.html http://divestinvest.

7 Trends foundations and endowments are rapidly transition to SRI investments Commitments to divest portfolios of fossil fuel companies: $2.6 TRILLION IN ASSETS have committed to divest from fossil fuel companies. 436 INSTITUTIONS and 2,040 individuals across 43 countries 115 PHILANTHROPIC ORGANIZATIONS with assets totaling more than $10 billion in just the past year SOURCES: CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

About us cascade financial strategies Cascade Financial Strategies (CFS) is a boutique investment management and financial planning firm based in Bend, Oregon.

Schniepp is the founder and partner at CFS. He has been advising clients on their financial needs since 2002. Prior to this he spent twelve years as a collegiate baseball coach.

8 About us cascade financial strategies Cascade Financial Strategies (CFS) is a boutique investment management and financial planning firm based in Bend, Oregon. CFS specializes in socially responsible investing and manages portfolios for families, corporations, and not-for-profits. Jack Schniepp, CFP Ryan Andrews Mr. Schniepp is the founder and partner at CFS. He has been advising clients on their financial needs since Prior to this he spent twelve years as a collegiate baseball coach. Jack has a Bachelor Degree from Westmont College in Santa Barbara, CA, Masters Degree from E. Stroudsburg Uni. in PA, and is a CERTIFIED FINANCIAL PLANNER (CFP,) and a Chartered Financial Consultant (ChFC ). Mr. Andrews is a partner at CFS. He has ten years experience in investment management, business and entrepreneurship. Ryan has worked for the corporate office of LPL Financial and was part of the institutional account management team at PIMCO specializing in Foundations and Endowments. As an entrepreneur, Ryan has worked for two technology startups raising venture capital and private equity. He has a bachelor's degree in Business & Financial Management from Cal Poly SLO and is a Level II CFA candidate. CASCADE FINANCIAL STRATEGIES SCALEHOUSE LOOP SUITE 3B BEND OREGON 97702

INVESTING WITH IMPACT: NAVIGATING THE RESPONSIBLE INVESTING LANDSCAPE

April 26, 2018 INVESTING WITH IMPACT: NAVIGATING THE RESPONSIBLE INVESTING LANDSCAPE 1100 Superior Avenue East Suite 700 Cleveland, Ohio 44114 216.621.1090 QUICK POLL 1. Asked about Responsible Investing