The Comprehensive Investment Audit gives your CEO, CFO, and board a definitive analysis of your investment portfolio: how it is planned, how it is governed, and how it is actually performing. Findings are presented in person to your board in about 12 weeks.
Nonprofit 501(c)(3) Hospitals
Critical Access Hospitals
County-Owned Hospitals
City-Owned Hospitals
Hospital Foundations
You face the same fundamental question: are your reserves positioned to support your mission. Not just this year, but for decades to come?
Your reserves, funded depreciation, and invested balances support your institution's long-term financial strength. Yet the plan, policies, and reporting behind them are often incomplete. Fees, total expenses, and underlying holdings can go unexamined for years.
The audit is built around three benefits:
The result is a definitive analysis of the economic opportunities in your investment portfolio.
If your portfolio earns 4.0%, a 1.0% improvement in net performance is not a 1% gain. It is 25% more economic return from the same assets, year after year. Much of that difference often hides in fees, expense leakage, and assets that don't fit the plan.
We don't promise a number. We show you what is there, how large the opportunity is for your institution, and what it would take to capture it.
DeliverableBoard presentation of a comprehensive financial plan.
DeliverableBoard presentation of a recommended investment policy, with best practices, processes, and procedures.
Optional next stepImplementation is a separate, optional next step.
How complete your rules of the road are
Whether your financial plan responds to mission and strategy
The core beliefs needed for long-term investment success
How investment decisions actually get made
Who leads, and whether every role is clear
The risks that need to be managed and mitigated
The quality and grading of current strategies and assets
How results are monitored against policy objectives
We review your policies, investment and holdings reports, custodial statements, and audits.
We meet with your CEO, CFO, and up to three key board members.
Up to five working sessions to finalize data collection.
Receipt of information and preliminary review
Interviews and group meetings
Finalization
On-site board presentation
The deliverable: An on-site presentation to your board, with findings and recommendations. Your board then decides whether, and how, to pursue the improvements. Implementation is a separate, optional next step.
Hi-Line Capital Management is focused on protecting and growing financial assets for future generations. The Comprehensive Investment Audit applies institutional best practices across all eight P's, so your leadership and board can decide with confidence.
Our fees are based on actual time spent. We expect the audit to require about 35 hours.
Yes. The phases can be done individually or together. Implementation usually follows Phases I and II.
About 10–15 hours of management time over 3 to 4 months.
Documents you already have: policies, investment and holdings reports, custodial statements, and audits. Plus interviews with your CEO, CFO, and up to three key board members, and up to five group meetings.
Your board reviews the findings and decides whether to approve the pursuit of improvement. The next step is execution of the deliverables.
