By Mel and Pearl Shaw
Editor’s note: Part one of a two-part interview with Leland Faust. Financial management and investing is critical to the sustainability of nonprofits. As a board member or trustee you have a fiduciary responsibility. But how do you fulfill that responsibility? What do you need to know as it relates to financial management and investment?
To get some perspective we talked with Leland Faust, the founder of CSI Capital Management. In addition to degrees from the University of California (economics) and Harvard Law School, Faust managed over $1.5 billion in assets from 1978 through 2011. Barron’s has named him four times to its annual list of top 100 independent investment advisers in the country.