Endowment Capital Preservation & Investment Policy Design
Capital engineered to fund the mission every year, forever — preserving the corpus while it gives.
An endowment has a nearly impossible job: spend enough to fund the mission now, yet preserve enough to fund it forever, through inflation and every market cycle in between. Get the spending rate or the asset allocation wrong, and perpetuity quietly becomes a few decades.
I design the architecture that makes forever actually work: a spending policy, an investment policy, and the governance to hold the discipline when markets tempt a board to abandon it. Capital engineered so the corpus endures while the returns do the giving.
- Investment policy statement (IPS) design
- Spending-rule and distribution-policy modeling
- Asset-allocation and capital-preservation strategy
- Inflation-protection and real-return planning
- Perpetuity and intergenerational-equity modeling
- Risk-tolerance and drawdown-scenario analysis
- Investment-committee governance and oversight
- Manager-selection framework and performance review
Policy is modeled against long horizons and real drawdowns, not a single favorable scenario, because an endowment has to survive the bad decade as well as the good one. Governance is built in so the discipline holds when markets are frightening — which is exactly when it matters.
Every engagement runs under a signed NDA and, where testing is involved, a Safe Harbor agreement. Legal and ethical, start to finish.
- A complete investment policy statement and spending rule
- An asset-allocation and capital-preservation strategy
- An investment-committee governance framework
What spending rate is sustainable?+
It depends on allocation, inflation assumptions, and risk tolerance, which is why it's modeled rather than guessed. The work defines a rate that funds the mission while preserving the corpus across cycles.
How do you protect against a bad market?+
Through allocation designed for real drawdowns, inflation protection, and — critically — governance that keeps the board disciplined precisely when markets tempt a costly mistake.
Hire me for Endowment Capital Preservation.
Signed NDA and Safe Harbor on every engagement. Projects from five figures to nine. Discreet, relentless, done right.
I only do legal, ethical hacking — under a Safe Harbor contract and NDA.