The Benefits of an Endowment: Ensuring the Longevity of Your Nonprofit

The Benefits of an Endowment: Ensuring the Longevity of Your Nonprofit
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Episode 26 - Regions Wealth Podcast Series

In the wake of COVID-19, the widespread cancellation of funding events paired with the economic downturn left many nonprofits in a difficult position. A survey conducted by Ernst & Young found that over 70% of nonprofits surveyed have had to cut back on services as a result. In times like these, endowments are more important than ever. In this episode, Chief Investment Officer Alan McKnight joins us to discuss endowments and how they can help support the long term success of your nonprofit.

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Meet the Speaker

Alan McKnightAlan McKnight is the Chief Investment Officer for Regions Wealth Management. Throughout his career, McKnight has been named Chief Investment Officer of SunTrust Institutional Investment Advisors, LLC and served as a partner and Director of Global Investment Strategy at Balentine, LLC, managing asset allocation strategies and supervising the firm’s manager due diligence and selection efforts. McKnight is a graduate of Washington and Lee University with a bachelor’s degree in Economics and earned his MBA from the University of Texas at Austin. He holds the Chartered Financial Analyst (CFA®) designation and is a board member for the Alliance Theatre and Central Outreach and Advocacy Center in Atlanta.

Listen to More in Our Podcast Series

Our Regions Wealth Podcast empowers you to be smart about life's financial challenges. Gain confidence in your personal or business financial strategy. Listen to more episodes to hear how experienced wealth advisors approach the big financial questions we all face.

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© 2019 Regions Bank, member FDIC, Equal Housing Lender. This information is general education or marketing in nature and is not intended to be accounting, legal, tax, investment or financial advice. Statements of individuals are their own—not Regions’. Consult an appropriate professional concerning your specific situation. This podcast is intended for educational and marketing purposes only. The people and events are fictional but represent real issues. No identification with actual persons is intended or should be inferred.