Podcasts about endowments

In a time of market volatility, inflation concerns, and growing financial pressure across higher education, how can colleges and universities ensure their endowments remain both resilient and mission-aligned? In this episode, AGB's David Bass speaks with Kyle Adams of Cerity Partners about the evolving role of the outsourced chief investment officer (OCIO) model and what boards and investment committees should expect from their investment partners today. Together, they discuss how institutions of all sizes can strengthen decision-making, navigate uncertainty, and position their endowments to support long-term priorities. Opinions expressed in AGB podcasts are those of the speakers and not necessarily those of the organizations that employ them or of AGB. Disclosures Please read important disclosures here. Cerity Partners OCIO LLC ("Cerity Partners OCIO" or "CP OCIO") is a wholly-owned subsidiary of Cerity Partners LLC (together with its affiliates, "Cerity Partners"). Views expressed are as of the date recorded unless otherwise indicated. Client data is as of February 28, 2026. The NACUBO-Commonfund Study of Endowments, which is available for purchase, provides an annual analysis of endowment investment returns, asset allocations, and governance policies and practices at hundreds of U.S. higher education institutions and affiliated foundations. Cerity Partners OCIO is a corporate partner member of NACUBO and sponsors certain NACUBO events. Certain CP OCIO clients may have participated in the study. NACUBO data is as of June 30, 2025. Cerulli Associates provides market intelligence and strategic business for the financial industry.  The Cerulli US Outsourced Chief Investment Officer Function 2025 Report, which is available for purchase, explores the evolving OCIO landscape, including market sizing, forces of growth, demand and needs across client segments, use of OCIO search consultants, and the various challenges facing providers. "CapEx" refers to Capital Expenditures. "Fed" refers to the Federal Reserve. "RFP" refers to Request for Proposal.

In this twelfth installment, James explains Modified Endowment Contracts (MECs), how they occur, and why policy design should focus on long-term performance rather than maximizing early cash value. He discusses MEC limits, policy flexibility, and common misconceptions surrounding overfunded whole life insurance. As always, we hope you enjoy the episode, and thank you for listening!━━━Become a client!➫ https://www.bankingwithlife.com/how-to-fast-track-becoming-your-own-bankerBuy Nelson Nash's 6.5 hour Seminar on DVD here:➫ https://www.bankingwithlife.com/product/the-5-part-6.5-hour-video-series-nelson-nash-recorded-live/(Call us at (817) 790-0405 or email us at myteam@bankingwithlife.com for a DISCOUNT CODE)Register for our free webinar to learn more about Infinite Banking...➫ https://www.bankingwithlife.com/getting-started-webinar━━━Implement the Infinite Banking Concept® with the Infinite Banking Starter Kit...The Starter Kit includes Becoming Your Own Banker by R. Nelson Nash and the Banking With Life DVD by James Neathery.It's the perfect primer for everyone interested in becoming their own banker.Buy your starter kit here:➫ https://www.bankingwithlife.com/product/becoming-your-own-banker-infinite-banking-concept-starter-kit-special-offer/━━━Learn more about James Neathery here:➫ https://bankingwithlife.com━━━Listen on your iPhone with Apple Podcasts:➫ https://podcasts.apple.com/us/podcast/banking-with-life-podcast/id1451730017Listen on your Android through Stitcher:➫ https://www.stitcher.com/podcast/bank...Listen on Soundcloud:➫ https://soundcloud.com/banking-with-life-podcast━━━Follow us on Facebook:➳ https://www.facebook.com/jamescneathery/━━━Disclaimer:All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.

A healthier city is not built by luck. It's built by neighbors who notice what's breaking, leaders who listen without flinching, and funders who use data to back up compassion. In this episode, we sit down with Kate Bolz, President and CEO of Community Health Endowment, to talk about an audacious goal: making Lincoln, Nebraska, the healthiest community in the nation, and what it really takes to move from good intentions to measurable change.Connect with the Community Health Endowment at:·       Facebook – https://www.facebook.com/chelincoln/·       Website – https://www.chelincoln.org/·       Brave fACEs Website – https://www.bravefaces.org/

What happens when a classically trained musician from Juilliard ends up managing a $6 billion endowment? Today's episode of Origins explores exactly that journey - and what it reveals about how the best institutional investors really think.Nicholas Csicsko, Managing Director of Investments at Trinity Church NYC, brings a rare perspective to venture capital - one shaped by years of classical music training, a doctorate from Juilliard, and a decade building out one of America's most unique institutional investors. Trinity Church, founded in 1697 and endowed with 215 acres of Manhattan by Queen Anne in 1705, has grown its diversified investment pool to over $4 billion under Nicholas and CIO Meredith Jenkins.Together with hosts Nick & Beezer, the group digs into what institutional LPs really look for in venture managers, and what puts them off. From the tension between patient capital and the need for liquidity, to skepticism around sky-high private market valuations and the growing disconnect between private and public markets, Nicholas delivers the kind of frank, independent thinking that makes for a truly exceptional investor.Along the way, they explore the virtues of "cynical optimism" in early-stage investing, the institutional pressures that push LPs toward brand-name funds, and why Nicholas believes the best venture managers are those who know themselves deeply. From the challenges of scaling a venture firm to whether today's AI-driven capital surge is sustainable, this conversation offers a grounded, data-aware take on what it takes to build lasting returns in private markets.—Quotes"If you could put a bunch of investments into a line item that wasn't going to receive scrutiny, that left tail risk of something going to zero would probably be less. But if it's visible, it's discussable. You probably don't get fired for doing the next a16z fund, but you might be questioned if you take a flyer on someone who's up and coming. And so there's this institutional pressure towards, dare I say, conformity. But what's safe? What's perceived as safe?”"It's all fine and good that folks think they can raise and put more money to work, but I'm a little worried about where it's taking us because when open AI raises around 4x larger than any IPO in history, I kind of worry that we're creating a market that is not sustainable because ultimately there's not enough liquidity. There is a massive disconnect there.”"Knowing thyself is probably the number one thing I would attribute to all of the best investors I've met. And as they get older and more experienced, they know what they think they need more and more without stopping challenging their bias, without adding that new person to make them better.”—Time Stamps00:55 Meet Nicholas Csicsko, Managing Director, Investments at Trinity Wall Street02:24 Musician Mindset to Investing03:40 From Juilliard to Finance05:56 Trinity Church Endowment Story09:56 Building the Portfolio and Venture12:31 Institutional Risk and Conformity14:47 Private Public Market Disconnect18:57 DPI, TVPI and Secondaries20:41 Backing Off Radar Managers23:47 Cynical Optimism in Venture28:04 Building a VC Firm Team34:34 Where Venture Fits Today39:02 Too Much Capital and Liquidity?42:20 Closing and Next Episode—LinksConnect with the guest and hosts on LinkedIn!Nicholas CsicskoBeezer ClarksonNick ChirlsLearn more about:Trinity Church NYCAlfred P. Sloan FoundationOpenLPAsylum Ventures

After 14 months of fruitless contract negotiations with the Harvard University administration, over 4,000 workers represented by the Harvard Graduate Students Union (HGSU-UAW Local 5118) walked off the job on an indefinite strike on April 21. According to the union, “Graduate student workers will suspend teaching and research labor until Harvard's bargaining team takes substantive action in addressing the union's key issues: pay that keeps pace with the rising cost of living, recourse for harassment and discrimination, support for non-citizen students, protections for academic freedom, and ‘fair share fees' to equitably distribute the expenses of union representation, among others.” In this episode of Working People, we speak with three striking graduate student workers about the issues at the center of this strike, and about what it's like to live, work, and strike at the country's richest university amid political attacks from the federal government, scandals connecting high-ranking Harvard officials to Jeffrey Epstein, and a nationwide cost-of-living crisis. Panelists include: Sara Speller, a fifth-year PhD student in the Music Department at Harvard and president of the Harvard Graduate Students Union; Zoë Feder, a seventh-year PhD student in the program in Biological & Biomedical Sciences at Harvard Medical School and a research assistant in the Microbiology Department; and Jacob Wolf, a third-year PhD student and Teaching Fellow in the Harvard Graduate School of Education. Additional links/info: Harvard Graduate Students Union (HGSU-UAW Local 5118) website, Facebook page, X/Twitter page, TikTok, and InstagramHarvard Graduate Students Union Strike Update/FAQ ZineLydialyle Gibson, Harvard Magazine, “Harvard graduate student workers strike”Noah A. Ferris, The Harvard Crimson, “Grad students rally outside Garber's home as strike enters third week”Hugo C. Chiasson & Elise A. Spenner, The Harvard Crimson, “Harvard promised a ‘full' review of its Epstein ties. Its own files reveal what it left out”Featured Music: Jules Taylor, Working People Theme SongCredits: Audio Post-Production: Jules TaylorBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.Help us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.Follow us on:Bluesky: @therealnews.comFacebook: The Real News NetworkTwitter: @TheRealNewsYouTube: @therealnewsInstagram: @therealnewsnetworkBecome a member and join the Supporters Club for The Real News Podcast today!

Scott Munro, President of the Detectives' Endowment Association, joins Sid on this Monday edition of Sid & Friends in the Morning. Learn more about your ad choices. Visit megaphone.fm/adchoices

When most people hear "dividend," their brain goes straight to stocks. That's understandable. And completely wrong when applied to whole life insurance. https://www.youtube.com/live/HPXaTnOOU4U That one assumption causes real problems. People chase companies with the highest declared dividend rate. They compare illustrations side by side and pick the bigger number. They make decisions based on a metric that, on its own, tells them almost nothing about how their policy will actually perform. This article gives you a clear picture of what whole life dividends actually are, what they're not, and what really determines whether your policy works for you over the long run. The conclusion is probably not what you'd expect: the most important factor isn't the dividend rate, the company, or even the policy design. It's your own behavior.For a deep dive into how dividends are calculated and the four biggest myths about dividend rates, see our earlier conversation with Perry Miller here. Table of ContentsKey TakeawaysWhat Whole Life Dividends Actually AreHow the Money Actually MovesNot Guaranteed, but Highly ProbableThe Coca-Cola AnalogyWhat Whole Life Dividends Are NotNot Stock DividendsNot a Simple Interest Rate on Your Cash ValueNot in Addition to the Guaranteed Interest RateHow Dividends Are Actually Allocated to Your PolicyThe Endowment RequirementWhy Younger Policyholders Get a Smaller ShareWhy Base Premium Gets Higher Crediting Than PUAsThe Direct vs. Non-Direct Recognition DistinctionWhy the Dividend Rate Is the Wrong Thing to CompareThe Factor That Matters More Than Any of This: Your Own BehaviorWhy Premium Consistency MattersWhy Loan Repayment Matters Just as MuchThe Bottom Line on BehaviorHow to Use Your Dividends StrategicallyStop Chasing the Rate. Start Building the SystemBook a Strategy CallFrequently Asked QuestionsWhat are whole life insurance dividends?Are whole life dividends guaranteed?How are whole life dividends different from stock dividends?Does a higher dividend rate mean a better whole life policy?What is the best way to use whole life dividends?What is direct vs. non-direct recognition in whole life insurance? Key Takeaways Dividends are return of excess premium. What happens between your payment and your dividend is capital management, not a refund. A 6% declared rate does not mean 6% cash value growth. Actual growth depends on Age, base-to-PUA ratio, and other policy design options. Loan activity can also affect results with direct recognition companies. The guaranteed interest rate is not separate but makes up part of the declared dividend. 2% guarantee plus 6% dividend does not equal 8%. Younger policyholders get less of the dividend pool. Older policyholders get more. Endowment math. Base premium gets higher crediting than PUAs because the company can count on it. Never compare direct and non-direct recognition illustrations without modeling loan activity in both. Your behavior matters more than the rate, the company, or the design. What Whole Life Dividends Actually Are For tax purposes, the IRS classifies whole life dividends as a return of excess premium. That label gets used against whole life all the time. "See? They're just giving your money back." It's not. If you paid $500,000 into a policy over twenty years and now you have $1.7 million in cash value, nobody just gave your money back. You have far more than you paid in. How the Money Actually Moves Insurance companies are extremely conservative in their projections. They overestimate mortality costs, overestimate expenses, and lowball what their investment portfolio will return. That's deliberate. It protects your money for the long run. The CIO deploys premiums into a portfolio that's roughly 75 to 85 percent fixed income: bonds, mortgage-backed securities, and some real estate. A small sliver sits in equities. The company pays death benefit claims, pays operating expenses, and sets aside money into reserves. Then the board declares how much of the remaining surplus goes back to policyholders. Three factors drive that surplus: investment performance against projections, operating expenses against budget, and actual mortality experience against actuarial estimates. Beat expectations on any of those, and policyholders share in it. Not Guaranteed, but Highly Probable Dividends sit outside the contractual promises; unlike the death benefit, the cash value growth, and the level premium, they're not guaranteed. But mutual companies have paid them consistently for over 100 years. Through recessions. World wars. The 2008 crisis. A decade of near-zero rates. They adjusted downward. They didn't vanish. The Coca-Cola Analogy Coca-Cola has excess profits because they charge more per can than they need to. That's how they fund dividends to shareholders. A mutual insurance company works the same way. It prices conservatively, manages capital, and returns the surplus. But here's the difference. As a policyholder of a mutual company, you're not just a customer. You're a part-owner. You participate in your company's profits. What Whole Life Dividends Are Not Not Stock Dividends Stock dividends are volatile, taxable in the year received, and are subject to cuts or elimination in a bad year based on economic factors that swing wildly.  Whole life dividends from mutual companies are non-taxable (classified as return of premium), built on actuarial science rather than market speculation, and backed by a stability track record that equity dividends simply can't match. Even during the financial crisis of 2008, when bond rates dropped and stayed down for over a decade, mutual companies adjusted their dividend rates. They didn't collapse. They didn't plummet to near zero. They adjusted. Not a Simple Interest Rate on Your Cash Value This is the misconception that causes the most confusion. If a company declares a 6% dividend, that does not mean your cash value grows by 6% that year. You can't just take 6% and apply it to your current cash value. There's a list of reasons why. That declared rate is gross, before administrative fees, before mortality costs, and before the actuarial mechanics that make your policy endow at age 120 or 121. The actual impact on any individual policy depends on the policyholder's age, the ratio of base premium to PUAs, other policy design options.  Additionally, if with a direct recongnition company, whether there are outstanding loans. Same rate but very different outcome depending on who you are and what you're doing with the policy. Not in Addition to the Guaranteed Interest Rate This trips people up constantly. They see a guaranteed interest rate of 2% and a declared dividend of 6% and assume they're getting 8% growth. That's not how it works. The guaranteed rate is already inside the dividend. The company guarantees it can make at least 2%. If it earns enough to support a 6% crediting rate, the additional performance above the 2% floor is what generates the dividend.  So the real outperformance is 4 percentage points and not 6 stacked on top of two. How Dividends Are Actually Allocated to Your Policy This is the part that goes beyond what most dividend conversations cover. And it matters if you want to understand what your dividend actually means for your specific policy. The Endowment Requirement Every whole life policy is contractually engineered to endow at age 120 or 121. That means your cash value and your death benefit will be equal at that point. This isn't a footnote buried in the contract.  It's the mathematical engine driving how dividends get allocated. The company has to make sure every policy's cash value reaches the death benefit by that endowment date, regardless of what the markets do along the way. Why Younger Policyholders Get a Smaller Share Contrast a 20-year-old and a 60-year-old. Both paying $10,000 per year into a whole life policy.  The same premium and the same declared dividend rate. They receive very different dividend credits. The 20-year-old has 100 years until endowment. That cash value has an enormous runway to compound. Less dividend is needed today because time does the heavy lifting.  The 60-year-old has only 60 years. Their cash value needs a bigger share of the dividend pool to close the gap between cash value and death benefit faster. Same rate but a very different allocation. And it's not unfair. It's contractual. The policy promises to endow at a specific age, and the actuarial math allocates accordingly. Why Base Premium Gets Higher Crediting Than PUAs Base premium is the portion you're contractually obligated to pay every year. The company knows it's coming. The CIO can plan investment decisions around that certainty and deploy capital with confidence. Paid-up additions are optional. You don't have to pay them. The Chief Investment Officer can't rely on PUA contributions the same way when making long-term decisions. There's a second factor too, with base premium, the death benefit relative to the premium amount is much higher.  A policyholder paying $100,000 in base premium might carry a death benefit of $800,000 or $1 million. That cash value has to close a gap of $700,000 to $900,000 by endowment.  But $100,000 of PUA premium might only buy $200,000 of death benefit, because it's already paid up. It only needs to grow by $100,000 over the same period. So the dividend has to work harder on the base side. More crediting goes there, especially in the first 20 to 30 years. If someone funds PUAs religiously for three decades and the PUA's death benefit grows to exceed the base death benefit, the crediting can equalize. But until then, base drives the dividend engine. The Direct vs. Non-Direct Recognition Distinction A non-direct recognition company credits the same dividend whether you've borrowe

This Sunday, April 26, the Dean's Forum features Scott Rhodes, Chair of the Endowment Board of Trustees, Ray Hill, Member of the Cathedral Towers Fund Committee, and Joe Iarocci, Chair of the Hellen Plummer Fund. They discuss the endowed funds of the Cathedral and how they are used for operational support, capital expenditures, and mission and outreach projects.

Scott Munro, President of the Detectives' Endowment Association, joins the program to double down on his plea to NYC Mayor Zohran Mamdani to back up and show support for his police force in NYC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Scott Munro, President of the Detectives' Endowment Association, calls into the morning show to discuss two NYPD narcotics detectives being placed on modified duty after a viral video captured the pair punching and kicking an arrested man, who turned out to not be the suspect they were looking for after all, cops said. Learn more about your ad choices. Visit megaphone.fm/adchoices

For years, endowments have lived in the “we'll get there” category.But the reality is shifting. If long-term sustainability matters, building your endowment is no longer optional: it's essential. In this episode, we break down why now is the moment to start (or finally take seriously) your endowment effort.

Scott Munro, President of the Detectives' Endowment Association, joins Sid to preview tonight's special event where the DEA will be honoring Sid alongside Bo Dietl and Paul Mauro. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bruce MacDonald is the CEO and CIO of the Virginia Commonwealth University Investment Management Company, which runs $2.5 billion for VCU's endowment and health system. Bruce joined the University in 2015 and shortly thereafter, had the opportunity to sell the portfolio and start fresh. Since being promoted to CIO in 2022, VCU has been a top decile performer with a team of just five investment professionals. Our conversation covers Bruce's unconventional path from a religion major at Wesleyan to fixed income investing at Putnam and endowment roles at Columbia and UVIMCO before arriving at VCU. We discuss the principles of VCU's approach, including building a portfolio around secular tailwinds like India, Vietnam, gold, and artificial intelligence while maintaining abundant liquidity to act countercyclically during market dislocations. We explore VCU's team-based underwriting process, lessons learned from mistakes, and personal influences that have shaped Bruce's investment philosophy. Learn more about our Strategic Investments: Ascension. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership   Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)

Dr Jonathan Stapley takes us inside LDS temple ceremonies, including the Initiatory, Endowment, and Sealing ceremony changes over the years. Was the sealing ceremony more egalitarian under Joseph Smith than Brigham Young? Check out our conversation…. https://youtu.be/uOdluwXxYVQ Don't miss our other discussions with Jonathan. https://gospeltangents.com/people/jonathan_stapley Copyright © 2026 Gospel Tangents All Rights Reserved Dr. Jonathan Stapley, author of Holiness to the Lord, explores the fascinating historical evolution of temple ordinances, clarifying the differences between early Kirtland practices, the introduction of Masonic elements in Nauvoo, and the shifting language of the sealing ceremony. Myth of the “OG” Endowment When asked about fundamentalist groups attempting to reconstruct an “original” eight-hour endowment complete with wrist-and-ankle-length garments, Stapley states bluntly that a static, “Platonic ideal” of the endowment never existed. Because the early liturgy was transmitted orally, the ceremony has continually adapted and changed from its very inception. It wasn’t until the Wilford Woodruff era in the St. George Temple that the endowment ceremony was finally written down. Stapley pushes back against the idea that changes to the wording prove apostasy, noting that Brigham Young continuously made changes to the ritual in Nauvoo, the Council House, the Endowment House, and finally the St. George temple. LDS Temple Ceremonies: Kirtland vs. Nauvoo Ordinances Stapley clarifies a common historical misconception: in the Kirtland era, the washing and anointing was a completely separate event from the “endowment”. Washing and Anointing: This was an annual ritual limited strictly to male priesthood officers, purposely patterned after the biblical consecration of ancient Israelite priests. The Kirtland Endowment: This was a solemn assembly where participants feasted on the Lord’s supper, washed each other’s feet, and experienced charismatic spiritual outpourings. It wasn’t until the Nauvoo era that these concepts merged and expanded to include all men and women. Furthermore, Stapley notes that there is no compelling historical data to support the idea that the modern temple liturgy is hidden within the text of the Book of Mormon as Don Bradley has suggested. Masonic “Social Technology” In 1842, Joseph Smith participated in a Masonic initiation, a fraternity ritual that used dramatic progression, hand clasps, and promises of secrecy to tell the mythical story of Hiram Abiff, the builder of Solomon’s temple. Stapley explains that Joseph Smith borrowed this Masonic “social technology”—the structural framework of the ritual—but used it to tell a completely different story. Instead of Masonic lore, Latter-day Saints used this interactive format, alongside biblical priestly clothing, to teach the plan of salvation, including the creation, the fall, and humanity’s return to the presence of God. The Evolving Sealing Ceremony The episode also reveals fascinating details about the first sealing ceremonies. The earliest known text is an 1842 polygamous sealing ceremony written by Joseph Smith for the Whitney family, which is currently available on the Joseph Smith Papers website. When historians compare this 1842 text to a Nauvoo Temple sealing ceremony published by Orson Pratt in 1852, they find substantive differences. According to Stapley, the 1842 ceremony under Joseph Smith was notably more egalitarian, while the later Nauvoo versions incorporated Brigham Young’s views on the subordination of women. (To be fair, Jonathan stated there is no such thing as egalitarian in the 19th century, just varying levels.)   Ultimately, Stapley reminds us that early Latter-day Saints simply did not value word-for-word repetition the way modern members do; even foundational prayers, like the sacrament and baptismal prayers, were often extemporized during Joseph Smith’s lifetime. Don't miss our other discussions with Jonathan. https://gospeltangents.com/people/jonathan_stapley Copyright © 2026 Gospel Tangents All Rights Reserved 0:00 Sealing More Egalitarian? 13:33 Evolution of Endowment Ceremony 24:48 Temples Used to Be Public 35:27 24 Temples  

Episode 85: Securing Legacy Through EndowmentWith George SuttlesAvailable March 31, 2026In a time of constant uncertainty, planning for the future of a school community can feel like a never-ending game of whack-a-mole. Big picture strategy and mission dominate our aspirations, but it's the day-to-day tactical decisions that carry immediate weight. George Suttles of the Commonfund Institute joins New View EDU guest host and NAIS Vice President of Strategy, Ann Snyder, to share his insights on how financial planning can seamlessly blend the aspirational and the practical, securing the future legacies of our schools through careful stewardship of resources.Guest: George SuttlesResources, Transcript, and Expanded Show NotesIn This Episode:“I'd also be remiss if I didn't, if we didn't have this conversation in the context of the times we're in, right? And so I think a lot of institutions and independent schools aren't shielded from this, are navigating uncertainty and turbulence, both persistent and emergent. And so when I say that, I mean, you know, independent schools have been trying to wrap their arms around persistent challenges that we've been having conversations about for years.” (8:11)“Don't make the mistake of siloing the endowment management work with the finance committee or the investment committee without including other school leadership, right? So you mentioned the advancement office, you know, the fundraising development team, they should have a strategic seat at the table, right? Because think about it, they're going to be one of, if not, they're going to be one of, if not the most important, lever or partner that you need to engage with to grow the endowment, right? Because we're going to invest this pool of capital for long-term growth and the markets are going to do what they do, but you're also going to need to equip the advancement team with information and narrative storytelling capability around what possibilities the endowment is going to create for the institution.” (20:05)“So when I think about endowment building sparking a culture of philanthropy, I immediately began to think about, right, it's about legacy. It's about securing the future of an institution we all care about. And that can be connected to legacy planning as it pertains to bequests and other vehicles. So I was like, right. Like if you're not having those legacy gift conversations already, that actually might be a nice entree into beginning to have them.” (36:04)Related Episodes: 74; 57; 38; 20; 9 Hosted on Acast. See acast.com/privacy for more information.

Tuesday, March 24, 2026Sliced 62: IFNF Insights Brief No. 1 of 5: From Concept to Capital – Bridging the Readiness GapIn this edition of SLICED, we launch a five-part IFNF Insights Brief Series produced by Gordian Knot Strategies, with support from the U.S. Forest Service and the U.S. Endowment for Forestry and Communities. Brief No. 1 explores the gap between projects that are investment worthy and those that are truly investment ready, and what it takes to cross it. A new IFNF brief drops every month so keep an eye out next month for No. 2. --Sliced is a weekly short-form dispatch released every Tuesday that features original thought pieces from our team members with the goal of slicing apart the various complex aspects of climate finance. If you want to check out the written version of Sliced, click here: https://gordianknotstrategies.com/weekly-newsletter/Sliced is produced by ⁠Gordian Knot Strategies⁠. It is written, narrated, and edited by ⁠Jay Tipton⁠. Visit us at www.gordianknotstrategies.com. Music is by ⁠Coma-Media.

In this episode of House of Learning: Understanding the Doctrine of the Temple, Meghan Farner and Cory Jensen explore the symbolic meaning of the Initiatory ceremony and how it represents spiritual rebirth, divine identity, and preparation to enter increasingly sacred space in our journey back to God.This lesson reveals how the Initiatory completes the symbolism of baptism by mirroring the elements of physical birth — washing, anointing, clothing, naming, and blessing — and how these sacred actions teach the soul how հոդված of becoming kings and priests, queens and priestesses in the divine order of God.You'll learn:✨ Why the Initiatory symbolizes the completion of spiritual rebirth✨ How washing and anointing prepare the soul for holiness and sanctification✨ The deeper symbolism of the Garment as “putting on Christ”✨ How garment marks connect to covenant, sacrifice, and divine identity✨ Why olive oil symbolizes the Holy Ghost and spiritual fullness✨ How ancient tabernacle and priesthood rituals inform modern temple worship✨ What it means to be initiated into the Holy Order after the Son of God✨ How the Initiatory prepares the soul for the Endowment and spiritual ascensionThis episode also explores biblical patterns from Exodus, Leviticus, Doctrine & Covenants, and Eden symbolism, helping viewers understand how temple worship forms identity, embodiment, and divine maturation. If you've ever wondered what the Initiatory ceremony truly represents, how the garment functions spiritually, or how temple ordinances support inner transformation, this lesson offers deep clarity and reverent insight.

Peace Begins in the Womb https://jewishprolifefoundation.org/pro-life-blog/peace-begins-in-the-womb שלום מתחיל ברחם https://jewishprolifefoundation.co.il/%d7%a9%d7%9c%d7%95%d7%9d-%d7%9e%d7%aa%d7%97%d7%99%d7%9c-%d7%91%d7%a8%d7%97%d7%9d/ 20, 000 Abortion in Israel per year https://www.hadassahmagazine.org/2022/05/03/abortion-in-israel-relatively-easy-to-get-hard-to-discuss/ Abortion in Israel https://en.wikipedia.org/wiki/Abortion_in_Israel As US cancels Roe v. Wade, Israel loosens abortion regulations making it even easier than before https://allisrael.com/as-us-cancels-roe-v-wade-israel-loosens-abortion-regulations-making-it-even-easier-than-before Indiabna Judge Rules There's a Religous Right to Kill Babies in Abortion https://www.lifenews.com/2026/03/06/indiana-judge-rules-theres-a-religious-right-to-kill-babies-in-abortions/ Abortion Pill Reversal https://abortionpillreversal.com Endowment for Human Development https://www.ehd.org/index.php Charlotte Lozier Institute https://lozierinstitute.org/ Elliot Instittue https://www.afterabortion.org/ AAPLOG https://aaplog.org/ False Positive DNA-Tech Testing is Leading to More Abortions  https://thenationalpulse.com/archive-post/false-positive-dna-tech-testing-is-leading-to-more-abortions/ Tikvat Rachel Healing Program https://jewishprolifefoundation.org/healing-after-abortion Abortion Procedures What You Need to Know Partial-Birth Abortion Procedure With Real Instruments FOIA Documents Confirm Investigation of Aborted Baby Organ Harvesting at University of Pittsburgh Leading Physician Confirms Unborn Children Feel Excruciating Pain During Abortions Fact Sheet: Science of Fetal Pain Concluding Pregnancy Ethically At the Jewish Pro-Life Foundation, we're making the original pro-life religion pro-life again!   News, education, enlightenment and spiritual renewal. Saving Jewish Lives & Healing Jewish Hearts by providing the Jewish community with Pro-Life Education, Pregnancy Care and Adoption Referrals, and Healing After Abortion.   To learn more visit https://jewishprolifefoundation.org/ Follow us on Facebook:  https://www.facebook.com/JewishProLifeFoundation/ Follow us on Twitter: https://twitter.com/JewishProLife Follow us on YouTube:  https://www.youtube.com/channel/UCk8B3l4KxJX4T9l8F5l-wkQ Follow us on TikTok: https://www.tiktok.com/@jewishprolife Follow us on MeWe: https://mewe.com/i/cecilyroutman  Follow us on Gab: https://gab.com/JewishProLife  Follow us on LinkedIn: https://www.linkedin.com/in/cecily-routman-3085ab140/  Follow us on Instagram  https://www.instagram.com/cecilyroutman/  Follow us on Gettr: https://gettr.com/user/prolifececily  Follow us on Rumble:  https://rumble.com/c/JewishProLifeFoundation  Follow us on TruthSocial:  https://truthsocial.com/@prolifececily  Follow us on Telegram: https://t.me/JewishProLife  Follow us on Podcasts: https://jewishprolife.libsyn.com/  Donate: https://jewishprolifefoundation.org/donate  In Israel: https://jewishprolifefoundation.co.il    The Jewish Pro-Life Foundation is an IRS approved 501(c)3 non-profit educational  public charity. We are committed to Torah and Jewish Tradition. We are not affiliated with any particular Jewish denomination, political organization or any other religious organization or movement.

From self‑driving Teslas to geopolitics and rising property taxes, this episode dives into the issues shaping everyday American life. The Common Ground crew tackles AI addiction, drone warfare, midterm election uncertainty, and why local politics may matter more than ever. With humor, personal stories, and unfiltered debate, they explore how technology, faith, leadership, and community collide in a rapidly changing world. To learn more, please visit our website The Common Ground This podcast is produced by BG Podcast Network. Chapters00:00 Introduction and Banter01:42 Faith, Opening Prayers, and Setting the Tone03:25 Teslas, Technology, and Full Self‑Driving Stories06:40 AI, ChatGPT, and Everyday Use09:08 Drones, Ukraine, and Global Conflict11:36 China, Oil, and Geopolitical Shifts13:57 Stoicism, Stress, and Personal Resilience16:22 NASCAR, Revenue Battles, and Sports Politics18:48 Gas Prices, EVs, and the Future of Energy21:09 Midterms, Voting Systems, and Local Leadership23:31 Sheriff Races, Political Strategy, and Community Impact25:46 Property Taxes, Housing, and Economic Pressures28:10 Local Government, Schools, and Policy Battles32:52 Podcasts, Lobbyists, and the Political Landscape35:15 National Security, Protests, and Law Enforcement37:26 Guns, Safety, and Training41:54 ICE, Immigration, and Public Perception46:29 Federal Spending, Contracts, and Accountability48:46 Settlements, Lawsuits, and Legal Realities50:57 Development, Real Estate, and Local Challenges53:18 Business Cycles, Restaurants, and Staying Ahead55:39 Public vs. Private Solutions for Schools58:06 Taxes, Endowments, and the Cost of Government01:00:27 Universities, Tuition, and Student Life01:02:48 Sports, Academics, and the Carolina Way01:05:05 NIL, College Athletics, and the Future01:07:27 Franklin Street, Campus Culture, and Change01:09:27 Tuition, Out‑of‑State Costs, and Access01:11:49 Business, Economy, and American Identity01:14:12 Media, Politics, and Public Influence01:16:38 Local Council, Pressure, and Governing01:19:04 Epstein, Scandals, and Public Curiosity01:21:20 Prison Systems, Justice, and Reality01:22:48 Race, Society, and Cultural History01:24:48 Africa, Identity, and Travel Reflections01:27:09 Food, Culture, and the Diaspora01:29:26 DNA, Family Stories, and Heritage01:33:17 Race, Class, and Shared History01:35:40 Closing Thoughts and Shout‑OutsSee omnystudio.com/listener for privacy information.

Other risks in the market you should be aware of    Since Covid, speculative investments have continued to rise in popularity. We have talked a lot about the risks we see in margin, crypto, private investments, and prediction markets, but now there is new data about the increasing popularity of leveraged funds and options. According to exchange-traded fund manager Direxion, it looks like leveraged and inverse funds, which can be very dangerous investments, saw average daily trading volumes of 1.41 billion in 2025. That's a gain of more than 130% from 2024 and 250% from 2020, the firm found. For those that aren't aware of these products, leveraged funds use derivatives to try and boost the return of an asset in up markets, but they also amplify losses in down markets. Inverse funds on the other hand try and produce the opposite performance of the underlying asset. It's not just these risky tools that have surged though as it is projected that average daily options volume hit 58 million in 2025, which is a roughly 26% increase from 2024 and is more than double the amount seen in 2020. For comparison purposes, stock volume expanded at a yearly pace of 10% between 2020 and 2025, while leveraged funds and options trading saw daily volumes grow at compound annual rates of 29% and 16%, respectively. Part of the reason for the huge increase in the volume for leveraged funds is that the total number of active leveraged funds grew by 50% in 2025, which was the largest annual increase since 2007. Ultimately, there continues to be more and more risk that is finding its way into this market. While it's great when things are going up, it could create a downturn that is more problematic than many believe is possible.      Ivy League Endowments have dismal returns because of private equity    I was concerned when I saw the Ivy League schools, who I thought would be the smartest people in the room, began investing in private equity a few years ago. The results are now in, and the returns are terrible. The best annual return goes to Cornell and for the years 2022 to 2025 they only had an annualized return of 5.7%. They were closely followed by Harvard at 5.5%. The worst performer is an embarrassment as Princeton only had an annualized return of 2.8%. A large reason for the low returns is that the managers of these endowment funds invested heavily in private equity as the category made up 40% or more of the portfolios for schools such as Harvard, Yale and Princeton. The endowment funds have tried to liquidate as much as they can, but the secondary market has been rather weak, and Yale and Harvard were only able to liquidate about $1 billion of their private equity holdings last year. I think we're in the second or third inning of how bad things will get with private equity and private debt. Unfortunately, many people, including foundations, will have poor performance and probably even some losses. A lesson to all investors, don't get sucked into a hype investment of any type as eventually the hype disappears and you end up with nothing but dismal returns or losses.      Is AI impacting the labor market?    The headlines look concerning as February payrolls showed a loss of 92,000 jobs in the month. This was well below the estimate which was looking for a gain of 50k jobs and January's reading of 126k jobs. January's reading was revised down by 4k, while December saw a major negative revision of 65k jobs and now shows a loss of 17k jobs in the month. Health care employment, which has been such a stable force, showed employment declined by 28k in February. This was largely due to the Kaiser Permanente strike that sidelined 30k workers. The strike has now been resolved, so this should be a big benefit in the March data. Another important factor to remember was the severe weather that likely had an impact on hiring across all sectors in the month. The federal government continued to show declines as payrolls declined by 10k in the month and since reaching a peak in October 2024, federal government employment is down by 330,000, or 11.0 percent. Looking specifically at sectors that could be impacted by AI, information saw a decline of 11k, and the industry has lost an average of 5,000 jobs per month over the prior 12 months. While this looks concerning and I do believe part of this is due to AI, I think a lot of the decline is due to a normalization after rapid hiring post Covid that led to bloated employment and waste at many companies. Another sector that could be impacted by AI/Robots is transportation and warehousing. This sector declined by 11k in February, but a good chunk of the job loss occurred in couriers and messengers, which fell by 17,000. I'm still not seeing robotic delivery trucks out there, so again this could be due to normalization or the weather. With that said, employment in transportation and warehousing has declined by 157,000, or 2.4 percent, since reaching a peak in February 2025. Many of the other major sectors like   construction, manufacturing, professional and business services, and leisure and hospitality saw little change in the month.   Overall, there was definitely not much strength in the report. It is important to remember that the employment rate is still healthy at 4.4%, so I'm still not overly concerned about the labor market. With that being said, it is definitely worth watching in the coming months.      Financial Planning: Beware of the Tax Hike Above $505k    For married couples with adjusted gross incomes between $505,000 and $606,333, there's a hidden tax increase caused by the way the state and local tax (SALT) deduction phases out. Below this range, taxpayers can deduct up to $40,400 in state and local taxes. As income rises through this band, that deduction gradually shrinks to $10,000, effectively losing $30,400 of deductions. Put another way, about $100,000 of extra income can increase taxable income by more than $130,000. Households at this level are usually in the 32% federal tax bracket, but because each extra dollar of income also reduces deductions, the real marginal tax rate jumps to roughly 42%. What makes this especially striking is that many people in this range are barely above the 24% bracket, meaning their marginal rate can spike from 24% to 42% over a relatively small income increase. Careful planning ahead can help avoid this sudden tax jump.    Companies Discussed: Planet Fitness(PLNT), Paramount Skydance Corp (PSKY), Old Dominion Freight Line Inc (ODFL), Salesforce (CRM)

Speaking of Covenants (as we do this week), to get really in depth learning about the covenant, join Steven Harper and myself on a cruise where we discuss the New and Everlasting Covenant in a series of ten lectures/discussions/workshops. This will be fantastic! Plus we dock at Cozumel, Roatan, Costa Maya, and more! Learn more at https://restorationtravels.com/nec-cruise/In this short episode from four years ago, Kerry delves into Jacob's experience at Bethel, and how it was a temple experience. He also talks about the temple setting of the wrestle with an angel at Peniel. We are grateful for our executive producers, P. Franzen, J. Parke, D. Watson, B. Van Blerkom, the Dawsons, M. Cannon, M. Rosema, B. Fisher, J. Beardall, D. Anderson, and H. Umphlett, and for all our generous and loyal donors. We are also very grateful for all our Patreon members. We are so thankful for Beehive Broadcast for producing the podcast and for Rich Nicholls, who composed and plays the music for the podcast.

How historical and expected returns for university endowments can guide us in setting reasonable return expectations. We also analyze managed futures strategies to see how they work, how they have performed, and how to use them in your investment portfolio.Show Notes2025 NACUBO-Commonfund Study of Endowments (NCSE) Results—NACUBOPrinceton University cuts expectation for endowment returns by Sun Yu—The Financial TimesDemystifying Managed Futures by Brian K. Hurst, Yao Hua Ooi, and Lasse H. Pedersen—AQRInvestments MentionedAQR Managed Futures Strategy Fund I (AQMIX)iMGP DBi Managed Futures Strategy ETF (DBMF)KraneShares Mount Lucas Managed Futures Index Strategy ETF (KMLM)WisdomTree Managed Futures Strategy Fund (WTMF)First Trust Managed Futures Strategy Fund (FMF)Return Stacked US Stocks & Managed Futures ETF (RSST)Related Episodes524: Facing a Financial Squeeze: What Harvard's Response Can Teach the Rest of Us204: Why Are Investment Returns So Low?180: Can You Outperform Harvard's Endowment?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A good life insurance policy can become a Modified Endowment Contract when it fails the 7 pay test. What does that mean in plain terms? We explain in this episode. Learn what a MEC is (modified endowment contract)  What if my Infinite Banking Policy becomes a MEC? Is a MEC bad? Can a MEC be good? How to avoid a MEC Why did the rules for life insurance change in 1988? What is the 7 pay test for life insurance? Learn the history of the MEC laws passing congress Podcast  Episode 560: https://www.youtube.com/watch?v=y7JoQ5OA92U

Thaddeus McCotter of American Greatness and Judy Dempsey of the Carnegie Endowment for International Peaceanalyze the ongoing Ukraine conflict, debating European unity, the untrustworthiness of Putin, and the difficult search for a consensus-driven offramp to end the persistent carnage. 3.19Brussels

Judy Dempsey of the Carnegie Endowment for International Peace and Thaddeus McCotter of American Greatnessdiscuss the upcoming State of the Union, questioning the administration's economic messaging and the looming societal disruptions caused by AI displacing white-collar workers. 4.1953

Natl endowment for the arts cuts Tim Daly and Robin Bronk best SINGLE SUBJECT by

On this Legislative Day episode, we talk with the House Higher Education Committee chair and ranking member, Rep. Taylor Collins, R-Mediapolis, and Rep. Timi Brown-Powers, D-Waterloo, about bills that would allow some community colleges to offer four-year degrees, place a tax on large endowments at colleges and universities, and more. Then, we talk with a former student regent Jenny Connolly about proposed legislation that would change student representation of the Board of Regents. We also hear from the presidents of Iowa Central Community College in Fort Dodge and Northwestern College in Orange City on their views of the four-year degree proposal.

In this episode, Anne Marie Schultz, US Investments Commercial Leader, Bernardo Serpa Pimentel, Senior Investment Consultant, and Michel Meert, European Consulting Leader for Endowments, Foundations and Family Offices, explore the idea of a “Return on Resilience.” Resilience is not just about endurance, it's about adaptability, the capacity to respond to disruption with speed and confidence. Governance, when designed well, may be an effective enabler of that process. It may help create conditions for foresight, flexibility, and better alignment between long-term objectives and near-term action. This content is for institutional investors and for information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial situation. If you require advice based on your specific circumstances, you should contact a professional adviser. Opinions expressed are those of the speakers as of the date of the recording, are subject to change without notice and do not necessarily reflect Mercer's opinions. This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.Read our full important notices - click here 

Dialogue: A Journal of Mormon Thought presents “Heretic and the Inversion of the Mormon Endowment.” Note that any footnotes/images and/or graphs are not included. For the complete experience of this article, please see the PDF/HTML… The post AUDIO: Heretic and the Inversion of the Mormon Endowment appeared first on Dialogue Journal.

Welcome back to our Joseph Smith Podcast series with historian Dr. John Turner!This is Episode 29, where we dive into Chapter 24, titled “Upper Rooms,” from John Turner's new book Joseph Smith: The Rise and Fall of an American Prophet.In this episode, we focus on Nauvoo in 1842 –a pivotal year when Freemasonry, the Relief Society, secrecy, and the earliest forms of the Nauvoo Endowment ceremony all intersect.The central question we wrestle with is this: To what extent did Freemasonry shape Joseph Smith's use of secrecy –and was it intended to protect his authority and reputation?We explore the anti-Masonic climate of early America and the murder of William Morgan, why the Book of Mormon was once read as an “anti-Masonic Bible,” Joseph Smith's embrace of Freemasonry, the founding of the Nauvoo Masonic Lodge, Parallels between Masonic rituals and the original Nauvoo Endowment, the secret oaths, handshakes, signs, tokens, and penalties, and Joseph Smith's evolving theology around power and exaltation.This conversation is historically grounded, candid, and essential for anyone trying to understand how Mormon temple theology developed –and why it still matters today!Show NotesYouTubeMormon Stories Thanks Our Generous Donors!Help us continue to deliver quality content by becoming a donor today:One-time or recurring donation through DonorboxSupport us on PatreonPayPalVenmoOur Platforms:YouTubePatreonSpotifyApple PodcastsContact us:MormonStories@gmail.comPO Box 171085, Salt Lake City, UT 84117Social Media:Insta: @mormstoriesTikTok: @mormonstoriespodcastJoin the Discord

Dr. Jonathan Revels, DO Class of 2012, shares his cross-country experiences at Touro University California, through residency and fellowships, and into his career. Along the way, he shares a roadmap for conducting research that leads to publication and discusses the evolution of an initiative to provide full-tuition scholarships to DO students. His advice to students: “Be kind.”Discover more about "Together We DO" Initiative: https://tu.edu/give/initiatives/together-we-do/

What should we expect at the 2026 Detroit Auto Show? Sam Klemet, the Executive Director of the event, joins me to walk through what's happening at Huntington Place. From cars, to interactive experiences, to performances — there's a lot to look for. The public show days are January 17-25. Tickets available here. Then, I bring you 5 things to know around town so you're caught up and what to know and where to go for your Monday. A shake up in the race for Michigan Governor A proposed bill to use the Defense Production Act with the aim of building more housing It's the end of the rack for Dittrich Furs after 132 years MSU's Endowment has bought even more of the Fisher Building in Detroit Mic Drop Comedy is opening in Detroit with a unique theme Feedback as always - 313-789-3211 or dailydetroit@gmail.com Live stream on Tuesday afternoon on our Daily Detroit YouTube, we may discuss these and other stories around town. Free coffee and conversation, Saturday morning the 17th at the studio: https://www.facebook.com/share/14XWN3tcPNo/ Support the show on Patreon: https://www.patreon.com/c/DailyDetroit Follow us on Apple Podcasts: https://podcasts.apple.com/us/podcast/daily-detroit/id1220563942 Or Spotify: https://open.spotify.com/show/1Yhv8nSylVWxlZilRhi4X9?si=df538dae2e144431  

What if nonprofits didn't have to scramble for funding every time a good opportunity appeared?In this episode of The Phoenix Pod, host Jovica Djurdjevic sits down with Rohit Padmanabhan, CFA, founder of Lotus Asset Management, to unpack why the Phoenix Club created an endowment and how it fundamentally changes the way the organization supports nonprofits.Rohit shares the thinking behind moving beyond one-off fundraising, the challenges of building an endowment from the ground up, and the guardrails required to protect capital while still putting it to work. Together, they explore how permanence, predictability, and disciplined stewardship allow the Phoenix Club to fund grants faster, partner more effectively with nonprofits, and build long-term community impact that outlasts any single board or donor.

Capital campaigns are not well suited for raising money for endowment. The most successful endowment fundraising is done through concentrated work on planned giving. That being said, most campaigns include a component of endowment. Amy and Andrea will unpack this complicated idea in this episode.

“Be authentic.” “Own your story.” “Sharpen your edges.”We say these things at Havener Capital all the time (and Stacy says them a lot). But here's the real question: do they actually move the needle?Mike Denklau, founder of Dorset Agriculture, is here to tell you they do. Today, he's giving us a behind-the-scenes look at what happens when you stop code-switching… and start building from your real story.Before launching Dorset, Mike was part of Harvard's endowment, helping manage a $4B+ agriculture and timber portfolio. Long before that, he was an Iowa farm kid. The journey from flannel in the fields to fund meetings in Boston is full of lessons for any founder navigating identity, fundraising, and first-time firm-building.Here's what you'll hear in this episode:How a kid from Iowa ended up managing billions at Harvard and how that full-circle moment sparked Dorset's launchThe overlooked opportunity in ag investing most firms ignore (and where meaningful, steady alpha may actually be hiding)How Mike landed his first investor without a pitch and without trading his comfy flannel in for a stiff suit to fit in Why boutique founders need to stop hiding behind polish and let LPs see the messy middle (because that's where conviction is built)What early-stage fundraising actually feels like and how to keep going when the uncertainty feels personal and loudThis isn't just a story about agriculture. It's a case study in what happens when you own your different, build what the market didn't even know it needed, and let your backstory do what it does best: open doors that fitting in never could. More about Mike Denklau: Mike was born into a third-generation farming family and raised on a farm in Iowa. He has 14+ years of investment and finance experience and was involved with $8B+ of transactions.Prior to Dorset, Mike was an agriculture investor at Solum Partners and Harvard Management Company. Previously, Mike held investment and investment banking roles at Hudson Advisors, Barclays, and Lehman Brothers.Mike earned a MBA and JD from Northwestern University and a BBA in Finance and a BS in Political Science from the University of Iowa. Mike is also a member of the Illinois State Bar Association.Mike enjoys golf, skiing, and Hawkeye football. He currently lives in Boston with his wife, two children, and golden retriever. ---Running a fund is hard enough.Ops shouldn't be.Meet the team that makes it easier. | billiondollarbackstory.com/ultimus- - -Thinking about expanding your investor base beyond the US? Not sure where to start? Take our quick quiz to find out if your firm is ready to go global and get all the info at billiondollarbackstory.com/gemcap

Greenhushing, Communication, and Stakeholder Engagement for Endowments with Lane Jost In this crossover episode of The Future of Finance and Beyond Carbon, hosts Georges Dyer and Chris Ito sit down with Lane Jost, Head of Sustainability & Governance Advisory at Edelman Smithfield, for a candid conversation about the evolving ESG and sustainable investing landscape. Lane traces the arc of ESG from its “1.0” early days to today's politically charged environment, unpacking the dynamics of greenwashing, greenhushing, regulatory risk, and the often-confusing language that shapes public perception. They examine what this moment means for endowments, asset managers, and campus stakeholders, and discuss Edelman Smithfield's work with endowments on strategic communications strategies. Ultimately, the episode balances realism about political headwinds with optimism about market innovation, improved governance, and the long-term trajectory toward resilience and value creation. Guest Lane Jost – Head of Sustainability & Governance Advisory at Edelman Smithfield Background Lane Jost leads the Sustainability & Governance Advisory Practice at Edelman Smithfield, bringing 16 years of sustainability leadership across facilities management, financial services, and consulting. Previously, he served on PwC's national Responsible Business Leadership team, contributing to the firm's global net zero strategy. Lane has held senior ESG roles at Santander US and Sodexo USA, developing sustainability strategies and managing significant grant portfolios. He holds degrees from UC San Diego and Kenyon College. Conversation Green Hushing May Actually Be Beneficial - The pullback from aggressive ESG marketing forces organizations to focus on substance over rhetoric, emphasizing rigorous processes and how ESG factors genuinely drive value and risk management. ESG Terminology Will Evolve, But Core Principles Remain - While "ESG" may fade within 3-5 years, evaluating material environmental, social, and governance factors remains fundamental to investment decisions regardless of political climate or terminology changes. Communications Must Align With Portfolio Management Reality - Strategic communications should be conservative, transparent, and grounded in fiduciary stewardship. Avoid making unvalidated claims, particularly given emerging regulatory risks around greenwashing in multiple jurisdictions. Context Matters: One Size Doesn't Fit All - Appropriate approaches vary by institution. Small liberal arts colleges have more latitude for impact investing, while large state universities face greater scrutiny. Mission and stakeholder context determine strategy. Educational Institutions Have Unique Teaching Opportunities - Universities should engage students in real-world discussions about balancing financial constraints, stakeholder pressures, climate risks, and portfolio construction—providing invaluable practical experience beyond traditional classroom learning.  

The Last Trade: Mark Yusko breaks down why the bitcoin cycle isn't dead, how futures and index flows “tame” BTC, why gold and oil remain the real benchmarks, and what this year's post-peak reset signals about an adversarial, institutional future.---

Michael Psaros is a Co-Founder and Co-Managing Partner of KPS Capital Partners, LP ("KPS") and a member of its Investment and Management Committees. KPS is a leading global private equity firm with approximately $19.4B (as of 6/30/25) of assets under management focused on making controlling equity investments in global manufacturing and industrial companies across an array of industries. KPS generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies. The KPS Funds' portfolio companies generate aggregate annual revenues of approximately $21.6B and operate 211 manufacturing facilities in 21 countries (as of 6/30/25 pro forma for recent acquisitions and exits). Mr. Psaros currently serves on the Board of Directors of 14 KPS portfolio companies and as Chairman of six. He previously served on the Board of 35 former KPS portfolio companies. Prior to joining its predecessor in 1991 and co-founding KPS in 1997, he was an investment banker with Bear Stearns & Co., Inc. He received a B.S.B.A. in Finance from Georgetown University and attended Sophia University in Tokyo, Japan. The Psaros Center for Financial Markets and Policy at Georgetown University, named for and endowed by the Psaros family in 2022, provides non-partisan, unbiased expertise to guide policy and practice. The Center leverages the strength of Georgetown's McDonough School of Business, distinguished faculty and leadership in finance and public policy to convene leaders across the private sector, global capital markets, legislators and regulators to solve problems for the common good. Mr. Psaros served on Georgetown University's Board of Directors and currently serves as Vice Chairman of the Executive Board of Advisors at McDonough School of Business. Mr. Psaros received an honorary Doctor of Humane Letters, Honorus Causa, from Georgetown University in May 2025. Mr. Psaros created "The Michael and Robin Psaros Endowed Chair in Business Administration" at Georgetown University's McDonough School of Business in 2013 and "The Ecumenical Patriarch Bartholomew Endowed Orthodox Chaplaincy, Endowed by the Michael Psaros Family" in 2021. Mr. Psaros is the Vice Chairman of the St. Nicholas Greek Orthodox Church and National Shrine at Ground Zero in New York City. He currently serves on the Executive Committee of the Greek Orthodox Archdiocese of America and is an Archon of the Ecumenical Patriarchate and serves on its National Council. He serves on the Board of Trustees of The Leadership 100 Endowment and the Executive Board of The Hellenic Initiative. Mr. Psaros was honored by the Hellenic Republic (Greece), the International Foundation for Greece and the Hellenic Post for his exceptional business achievements and philanthropy. The Hellenic Post placed Mr. Psaros on a limited-edition postage stamp now in circulation throughout Greece. Michael Psaros, Commencement Speech, Georgetown University: https://www.youtube.com/watch?app=desktop&v=5U-9gVrfXto 

Spring of 1842 was a world-shaping event, the introduction of the endowment ceremony by Joseph Smith to the Church of Jesus Christ of Latter-day Saints. We've talked about it and a few of the more recent changes to the endowment a few times, but this is the overview. What it was when it was introduced, how it changed under Brigham Young, and many of the changes that have happened since his death, all under one (long) segment. Then we talk about Heretic, a movie about two missionaries in a cat-and-mouse game with a well-educated anti-Mormon playing by his own rules. Then we wrap with happy news from ABC and Jimmy Kimmel responding to the government shutdown and SNAP running dry.   Show Notes:  https://addfaith.org/blog/faith/belief/keystonelds/top-10-abandoned-temple-practices-in-latter-day-saint-history/?fbclid=IwZXh0bgNhZW0CMTAAYnJpZBExVTljWWlzYnQ3cVF2bk1mcHNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR4ldMRGSktTbiKihaWAr75MQpqYcXLwOH1L_n2_hMARqtaV3AFEhm_CQGyvAQ_aem_A-UXdJKWRl0r9HF-XTHanQ https://mormonr.org/qnas/8yXbNf/changes_to_the_temple_endowment?gad_source=1&gad_campaignid=21298130384&gbraid=0AAAAApfYZiGCSKCnJskKXVHwOtYoi8FLG&gclid=Cj0KCQiAq7HIBhDoARIsAOATDxAt2apFmzOJxyHKemm-PaDlf5wAy2Yd4mkrE7X-agfFTR0s7wmxAJoaAstJEALw_wcB#footnote-20 https://archive.org/details/historysaints00benngoog/page/n287/mode/2up https://bhroberts.org/records/qmx2mh-44hPsk/william_clayton_describes_the_nauvoo_endowment http://www.ldsendowment.org/timeline.html http://www.ldsendowment.org/emeline.html https://archive.org/details/dialoguebetweena00vand/page/12/mode/2up?q=vengeance http://www.ldsendowment.org/1879.html http://www.ldsendowment.org/1931.html http://www.ldsendowment.org/lecture.html https://www.josephsmithpapers.org/paper-summary/times-and-seasons-1-june-1842/8 https://scholarlypublishingcollective.org/uip/dial/article/20/4/33/236178/The-Development-of-the-Mormon-Temple-Endowment https://www.dialoguejournal.com/wp-content/uploads/sbi/articles/Dialogue_V34N0102_87.pdf https://rsc.byu.edu/sites/default/files/pub_content/pdf/Freemasonry_and_the_Latter-day_Saint_Temple_Endowment_Ceremony.pdf http://www.ldsendowment.org/masonry.html https://mormonr.org/qnas/8yXbNf/changes_to_the_temple_endowment/research https://mrm.org/masonry-and-the-mormon-temple-endowment-ceremony https://cesletter.org/debunking-fairmormon/temples-and-freemasonry.html https://www.jstor.org/stable/44368772 https://tokensandsigns.org/2023-temple-changes/ https://bhroberts.org/records/yXnsPd-ZcTVNd/heber_c_kimball_records_in_his_journal_new_arrangements_for_the_endowment_ceremony_such_as_elohim_peter_james_and_john_conducting_adam_and_eve_through_the_telestial_and_terrestrial_kingdoms https://mormonr.org/qnas/8yXbNf/changes_to_the_temple_endowment https://scifi.stackexchange.com/questions/25154/what-is-the-origin-of-a-phylactery-as-a-soul-jar https://en.wikipedia.org/wiki/Koshchei#cite_ref-FOOTNOTEKazakhTV20182._Entertaining_etymology._5:10-_1-0 https://bhroberts.org/records/qqPgcb-CrpCyb/in_an_epistle_to_the_relief_society_joseph_smith_cites_masonry_as_an_organization_whose_members_know_how_to_keep_secrets https://www.josephsmithpapers.org/paper-summary/council-of-fifty-minutes-march-1844-january-1846-volume-1-10-march-1844-1-march-1845/389#full-transcript https://www.churchofjesuschrist.org/study/history/topics/temple-endowment?lang=eng https://en.wikipedia.org/wiki/Endowment_House https://books.google.com/books/about/Temple_Mormonism.html?id=r3TKtgAACAAJ   MOGP: Heretic: https://www.imdb.com/title/tt28015403/   Happy News:  https://www.thewrap.com/jimmy-kimmel-live-food-bank-donation-center-government-shutdown/ Other appearances: Chris Shelton interviewed us in the beginning of a series on Mormonism on his Speaking of Cults series. Our most recent discussion was on the Mountain Meadows Massacre: https://youtu.be/iJWirjCyWdk  He has had MANY different fascinating people on so go take a look!  Here is the whole playlist: https://www.youtube.com/watch?v=OpGuS7GcsgA&list=PLGrPM1Pg2h72ADIuv8eYmzrJ-ppLOlw_g   Email: glassboxpodcast@gmail.com  Patreon: https://www.patreon.com/GlassBoxPod  Patreon page for documentary: https://www.patreon.com/SeerStonedProductions BlueSky: @glassboxpodcast.bsky.social  Other BlueSky: @bryceblankenagel.bsky.social and @shannongrover.bsky.social  Instagram: https://www.instagram.com/glassboxpodcast/  Merch store: https://www.redbubble.com/people/exmoapparel/shop Or find the merch store by clicking on "Store" here: https://glassboxpodcast.com/index.html One time Paypal donation: bryceblankenagel@gmail.com  Venmo: @Shannon-Grover-10  

Send us a text message if you have a question you want answered on the podcast.Feeling anxious about the temple is more common than you think. This week, I sit down with author and teacher Melinda Wheelwright Brown, whose newest book An Endowment of Love brings new perspective to temple worship. We're talking about how to approach the temple with curiosity instead of fear, release old preconceived ideas, and discover peace in God's presence.Whether you're preparing for your first temple experience or trying to rekindle peace after a difficult one, this episode offers perspective and grace for every part of your spiritual journey.________________________For more information on this episode and other mental health resources, head to the link below!Show notes: www.ldsmentalhealthco.com/blog/223________________________

What did Joseph Smith's Nauvoo revelation teach about discerning spirits, the nature of God, and eternal relationships? Historian Brittany Nash Chapman explores Doctrine and Covenants 129-131 and how early Saints lived and understood these profound doctrines.SHOW NOTES/TRANSCRIPTS English: https://tinyurl.com/podcastDC246EN French: https://tinyurl.com/podcastDC246FR German: https://tinyurl.com/podcastDC246DE Portuguese: https://tinyurl.com/podcastDC246PT Spanish: https://tinyurl.com/podcastDC246ESYOUTUBE: https://youtu.be/f7kv2QSZ9HcALL EPISODES/SHOW NOTESfollowHIM website: https://www.followHIM.co2021 Episode Doctrine & Covenants 129-132 Part 1https://youtu.be/gn84EE_B5WUFREE PDF DOWNLOADS OF followHIM QUOTE BOOKSNew Testament: https://tinyurl.com/PodcastNTBookOld Testament: https://tinyurl.com/PodcastOTBookBook of Mormon: https://tinyurl.com/PodcastBMBook  WEEKLY NEWSLETTER https://tinyurl.com/followHIMnewsletter  SOCIAL MEDIA Instagram: https://www.instagram.com/followHIMpodcast Facebook: https://www.facebook.com/followhimpodcastTIMECODE:00:00 Part 1 - Sister Brittany Chapman Nash02:56 Being offended on other's behalf03:40 Brittany Chapman Nash bio07:44 Come, Follow Me Manual09:22 Reducing the heavenly to the finite12:25 Sister Nash shares about discernment18:20 Joseph's confidence with angelic influences21:16  Information about the next life22:36 Endowment in the Red Brick Store25:35 Heavenly relationships29:48 Friendship: A fundamental principal34:31 Kate Holbrook and Melissa Inoyue37:22 Prize enduring relationships39:06 Gaining intelligence44:16 President Faust46:43 Dangers in this verse48:06 Elder Christofferson's Cosmic Vending Machine50:47 The first anti-Christian writer?54:53 Brigham Young yearned to know this57:23 Clarification regarding kingdoms1:00:21 Spirit is matter1:03:12 End of Part 1 - Sister Brittany Chapman NashThanks to the followHIM team:Steve & Shannon Sorensen: Cofounder, Executive Producer, SponsorDavid & Verla Sorensen: SponsorsDr. Hank Smith: Co-hostJohn Bytheway: Co-hostDavid Perry: ProducerKyle Nelson: Marketing, SponsorLisa Spice: Client Relations, Editor, Show NotesWill Stoughton: Video EditorKrystal Roberts: Translation Team, English & French Transcripts, WebsiteAriel Cuadra: Spanish TranscriptsAmelia Kabwika: Portuguese TranscriptsHeather Barlow: Communications DirectorSydney Smith: Social Media, Graphic Design "Let Zion in Her Beauty Rise" by Marshall McDonaldhttps://www.marshallmcdonaldmusic.com

Establishment of Nauvoo; Baptism for the Dead & the Endowment by Mike Parker (Mike Parker is a long-time FAIR member who has graciously allowed us to use materials he originally prepared for the Hurricane Utah Adult Religion Class. The scripture passages covered in his lessons don't conform exactly to the Come, Follow Me reading schedule, so […] The post Come, Follow Me with FAIR – Doctrine and Covenants 124–128 – Mike Parker appeared first on FAIR.

Germany's Merz Under Pressure Amid Economic and Political Crises Judy Dempsey, Carnegie Endowment for International Peace, with John Batchelor Dempsey reports German Chancellor candidate Merz is under severe pressure due to a stagnant economy heavily reliant on China and the rise of the far-right AfD. Merz is challenged by internal coalition disagreements, particularly with the SPD over welfare reform. Europe's overall support for Ukraine remains largely rhetorical; arguments over sanctions and frozen Russian assets delay crucial material support needed by Zelensky. 1870 SCHWEINFURT

Germany's Merz Under Pressure Amid Economic and Political Crises Judy Dempsey, Carnegie Endowment for International Peace, with John Batchelor Dempsey reports German Chancellor candidate Merz is under severe pressure due to a stagnant economy heavily reliant on China and the rise of the far-right AfD. Merz is challenged by internal coalition disagreements, particularly with the SPD over welfare reform. Europe's overall support for Ukraine remains largely rhetorical; arguments over sanctions and frozen Russian assets delay crucial material support needed by Zelensky. 1945 BERLIN

The Surge of Germany's Populist AfD Party Threatens Ruling Coalition. Judy Dempsey (Carnegie Endowment for International Peace) discusses the rising political power of the AfD, a populist, anti-NATO, anti-EU, anti-American, and pro-Russia party in Germany. The party initially gained strength in the eastern part of Germany but is now also rising in the western part of the country. The AfD is actively campaigning very hard in villages, towns, cities, and even among teachers in schools. The party has nearly pulled even with the ruling party (the CSU and CDU), trailing by just one percentage point. With a large number of seats in the German parliament (Bundestag), the AfD smells power, forcing Merz to continuously maneuver to hold back the populist surge.

What can the Kirtland Temple dedication teach us about power, angelic help, and joy? Dr. Anthony Sweat examines the historical and spiritual significance of Doctrine and Covenants 109-110, clarifies the difference between the endowment and its presentation, and shows how repentance and covenant keeping open the way to lasting spiritual strength.SHOW NOTES/TRANSCRIPTS English: https://tinyurl.com/podcastDC240EN French: https://tinyurl.com/podcastDC240FR German: https://tinyurl.com/podcastDC240DE Portuguese: https://tinyurl.com/podcastDC240PT Spanish: https://tinyurl.com/podcastDC240ESYOUTUBE: https://youtu.be/PNKlm6BOmOkALL EPISODES/SHOW NOTES followHIM website: https://www.followHIM.coFREE PDF DOWNLOADS OF followHIM QUOTE BOOKSNew Testament: https://tinyurl.com/PodcastNTBookOld Testament: https://tinyurl.com/PodcastOTBookBook of Mormon: https://tinyurl.com/PodcastBMBook  WEEKLY NEWSLETTER https://tinyurl.com/followHIMnewsletter  SOCIAL MEDIA Instagram: https://www.instagram.com/followHIMpodcast Facebook: https://www.facebook.com/followhimpodcastTIMECODE:00:00 Part 1 - Dr. Anthony Sweat01:45 Thoughts on the Kirtland Temple04:13 Anthony Sweat bio07:36 Come, Follow Me Manual08:58 President Nelson's challenge10:45 1836: A highlight13:56 D&C 88:68: Thesis17:19 Like a student stake20:16 “Walking in darkness at noonday”23:32 Temple is the point25:55 Ordinances in Kirtland Temple?28:36 Did they understand work for the dead yet?30:36 Third floor rooms34:20 Unanswered questions37:28 Dedicatory prayer was given by revelation39:46 Picturing the dedication44:08 Introduction and plea46:14 Fulfillment of promise49:10 Sweat's “We Need an Endowment”51:37 Learn, grow, and become54:55 Seeing the Savior in the temple57:44 Intended to bring you inside the temple59:52 Repent, return, restored, and reverence1:00:17 Armed with power and delegation1:04:45 Angels and family on the other side of the veil1:07:10 Eternal family BBQ and work from the other side1:12:25 Seven blessings1:14:27 Ordinances as doors to power1:17:03 Difference between presenting concepts and receiving power1:21:40 End of Part 1 - Dr. Anthony SweatThanks to the followHIM team:Steve & Shannon Sorensen: Cofounder, Executive Producer, SponsorDavid & Verla Sorensen: SponsorsDr. Hank Smith: Co-hostJohn Bytheway: Co-hostDavid Perry: ProducerKyle Nelson: Marketing, SponsorLisa Spice: Client Relations, Editor, Show NotesWill Stoughton: Video EditorKrystal Roberts: Translation Team, English & French Transcripts, WebsiteAriel Cuadra: Spanish TranscriptsAmelia Kabwika: Portuguese TranscriptsHeather Barlow: Communications DirectorSydney Smith: Social Media, Graphic Design "Let Zion in Her Beauty Rise" by Marshall McDonaldhttps://www.marshallmcdonaldmusic.com

: Judy Dempsey (OECD Countries and Populism) GUEST NAME: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN. SUMMARY: Rich OECD nations must spur growth quickly to implement fundamental reforms and counter rising populist parties threatening NATO and domestic security.1850 BRUSSELS

PREVIEW. HEADLINE: Populist AfD Triples Vote in German State Election Amidst Anti-Migration Sentiment GUEST AND TITLE: John Batchelor, Host; Judy Dempsey, Colleague for the Carnegie Endowment for International Peace SUMMARY: John Batchelor and Judy Dempsey discuss the critical German state election in North Rhine-Westphalia, where the populist AfD party tripled its vote, sparking national trend concerns. Dempsey explains that anti-immigration is a "big big issue" for AfD supporters. She notes the large, integrated Turkish population, brought in the 1950s-60s to aid Germany's economic miracle, is disliked by the AfD, leading to attacks on immigrant communities. This electoral shift highlights growing societal divisions driven by migration. 1794

EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN. Judy Dempsey: Judy Dempsey analyzes Europe's political instability, including a wobbly French government facing a potential no-confidence vote and President Macron's struggles with reforms, while the far-right National Rally prepares for snap elections. Germany's Chancellor Merz also faces domestic opposition to reforms balancing social welfare and defense spending. Dempsey warns about the rise of anti-Ukraine, pro-Russian, Eurosceptic populist parties across Europe, which pose a significant challenge to regional stability and Washington's foreign policy, despite calls for a European-centric military force. 1838 BANK OF ENGLAND

CONTINUED;  EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN. Judy Dempsey: Judy Dempsey analyzes Europe's political instability, including a wobbly French government facing a potential no-confidence vote and President Macron's struggles with reforms, while the far-right National Rally prepares for snap elections. Germany's Chancellor Merz also faces domestic opposition to reforms balancing social welfare and defense spending. Dempsey warns about the rise of anti-Ukraine, pro-Russian, Eurosceptic populist parties across Europe, which pose a significant challenge to regional stability and Washington's foreign policy, despite calls for a European-centric military force. 1828 BANK OF ENGLAND