@article {Blanchett1, author = {David Blanchett}, editor = {Connett, Wendy}, title = {Practical Applications of Donation Risk and Optimal Endowment Portfolio Allocations}, volume = {3}, number = {1}, pages = {1--3}, year = {2015}, doi = {10.3905/pa.2015.3.1.110}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Donation Risk and Optimal Endowment Portfolio Allocations David Blanchett To truly optimize their portfolio returns, charitable organizations cannot overlook the risk factors associated with their main source of income: Donations. The more risky the stream of donations, the more conservatively the endowment should be invested, says Morningstar Investment Management{\textquoteright}s Head of Research David Blanchett.{\textquotedblleft}The largest source of income for most charities are donations, and too much of the focus today is just on financial assets.{\textquotedblright} Blanchett cautions.Read this report to learn more about Blanchett{\textquoteright}s seven-factor model for optimizing allocations in endowments, and how portfolios optimized in this way earned an average of 25\% more across asset classes.}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/3/1/1.6}, eprint = {https://pa.pm-research.com/content/3/1/1.6.full.pdf}, journal = {Practical Applications} }