With a price increase of 29% this year through September 15, gold has been shimmering brightly in 2020. Meanwhile, the S&P 500, a broad measure of stock market performance, was up about 7% during the same period. COVID-related economic contraction and investor uncertainty has kept a lid on stock prices while pushing investors to seek gold.
The specific mission of your nonprofit and how you go about that mission is unique to your organization. Similarly, while it might seem like there is a best practice for how all nonprofits should manage their investable assets, the truth is there is no single approach that works best.