Free IPS Checklist for Established Nonprofits & Foundations

For organizations stewarding reserves, endowment assets, or other long-term funds, this checklist helps boards and finance committees review investment policy basics with more structure and fewer missed details.

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Download your copy of the IPS Checklist

First, tell us a little about your organization.

Organization name *

Organization role *

Organization state *

Your contact information comes next.

First name *

Last name *

Email address *

An organization email is preferred. Gmail and other personal inboxes are accepted.

U.S. phone number *

We’ll use this to follow up about your checklist request and answer any questions.

What kind of IPS support would be most helpful right now? *

Choose the option that best matches your organization.

Review our current IPS

Create or update our IPS

Help us understand what we need

Checklist only for now

By submitting, you agree to our and consent to receive calls, texts, and emails. Msg & data rates may apply. Reply STOP to opt out.

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Your IPS Checklist request has been received. Fairlight will send the resource to the email address you provided.

Professional affiliations and nonprofit networks

CalNonprofits

Nonprofit Association of Washington

Thrive Alliance

Tri-Valley Nonprofit Alliance

International Women’s Forum

ProVisors

Columbia Tower Club

West Coast Angel Network

Third Economy

WBENC Certified

LENDonate

CalNonprofits

Nonprofit Association of Washington

Thrive Alliance

Tri-Valley Nonprofit Alliance

International Women’s Forum

ProVisors

Columbia Tower Club

West Coast Angel Network

Third Economy

WBENC Certified

LENDonate

Why this checklist matters

Your investment policy is the rulebook for how your organization invests and spends long-term funds.

For established nonprofits and foundations, an unclear or outdated policy can create slow decisions, inconsistent spending conversations, and unnecessary risk around funds that are meant to support the mission for years to come.

This free Investment Policy Statement (IPS) Checklist is designed for organizations that already have meaningful reserves, endowment assets, or other long-term funds under board oversight, and want a more disciplined way to manage them.

Get the checklist →

Fairlight’s goal is to bring structure to complex investment decisions so boards and leadership teams can spend less time guessing and more time advancing the work they exist to do.

What You’ll Get:

A clear list of the must-have sections for a strong investment policy

Simple prompts you can copy into your own policy

A board-friendly way to define roles—who does what and when

Easy spending-policy checkpoints to avoid surprises and support steady funding

A review-and-update guide so the policy stays useful year after year

Fill out the form to get the checklist sent to your inbox.

Get your free IPS Checklist

Fairlight Advisors helps established nonprofits, foundations, and mission-driven teams manage risk, strengthen investment oversight, and make long-term funds work in support of their mission.

Why Fairlight

Investment guidance built around nonprofit decision-makers.

Fairlight combines investment experience with a working knowledge of the nonprofit ecosystem, helping boards and leadership teams bring more structure to long-term financial decisions.

Nonprofit-focused Guidance designed for foundations, endowments, and mission-driven organizations.

Experienced leadership Investment and risk-management experience focused on long-term decision-making.

Independent firm Guidance centered on each organization’s policy, responsibilities, and goals.

Women- and minority-owned Certified through the Women’s Business Enterprise National Council.

Contact Us

1.866.528.9862

505 Montgomery Street
10th Floor
San Francisco, CA 94111

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Fairlight Advisors LLC (“Fairlight”) is an investment advisory firm registered with the Securities and Exchange Commission (SEC) based in California and Washington. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute.

All written content on this site is for informational purposes only. Opinions expressed herein are solely those of Fairlight, unless otherwise specifically cited. Material presented is believed to be from reliable sources, and no representations are made regarding other parties’ informational accuracy or completeness. All information or ideas provided should be discussed with an advisor, accountant, or legal counsel before implementation.