Wealth Management Partners
Make the Most of Your Donation
Our board of directors has been entrusted with stewardship of the Foundation’s donations. We have partnered with three local organizations that are helping us to do more with what you donate. These trusted advisors manage a substantial portion of our non real estate portfolio of assets and provide income from interest payments, dividends, capital gains collected upon the sale of securities or other assets. Our investment time horizons are prudent and long term in nature. We maintain adequate liquidity and cash on hand to provide for both our current and anticipated long term needs.
Investing to Make the Most of Your Donations
An independent financial advisor focused on the Inland Northwest, Hart Capital Management has been a steward of the Morning Star Foundation’s wealth for over three years. Their time-tested, value-oriented investment philosophy and proprietary research has endured through multiple market cycles. Their independent research and decision-making model offers maximum flexibility in today’s rapidly changing investment environment and reflects their commitment to our financial success.
Washington Trust Bank
Since 1902, Washington Trust Bank has provided wealth management services to individuals, organizations, businesses and professionals throughout the Northwest. They provide us with uncompromised quality from their team of experts who take an unbiased approach to identify opportunities and to develop creative solutions for our wealth management. They are not restricted by offering proprietary products or holding an inventory of securities. Their selection of securities and outside fund managers is based on unbiased research and analysis. During this ongoing process, their Senior Portfolio Managers and research analysts conduct rigorous quantitative and qualitative research, which enables Washington Trust to enhance the asset allocation options.
The Morning Star Foundation benefits from tailored, leading-edge wealth impact strategies for uninterrupted continuity of the Foundation’s legacy. U.S. Bank’s wealth professionals focus on helping the Foundation make an impact where it matters most—now and for generations to come. Their disciplined investment strategy is a critical component of our comprehensive wealth management plan. U.S. Bank believes that consistency over the long term improves the likelihood of success in achieving the Foundation’s investment goals. That’s why they apply a uniquely tailored approach to curate a mix of assets across global capital markets that align with our financial objectives and risk profile. Their goal is to develop a highly personalized investment portfolio that inspires lasting confidence.