The purpose of the investment policy is to establish the standards and guidelines governing the investment and management of nonprofit organization's financial assets in compliance with donor, state, and federal laws and regulations, if any. This policy covers the investments of long-term/endowments and short-term/operating cash funds separately.

This policy also defines the responsibilities of the governing board, and any other party involved in managing the nonprofit organization's investments; and identifies or provides investment permissions, asset allocations, and diversification requirements.