Nonprofit Investment Management Blog

Daniel Grunstein 

Daniel Grunstein 
Daniel Grunstein is the Co-Founder and CEO of Crowded, a fintech startup providing infrastructure nonprofits and associations rely on to manage money, compliance, and reporting. Crowded replaces fragmented banking and manual workflows with an integrated banking and compliance suite built for multi-entity organizations, enabling them to scale without back-office friction. With an extensive background in the finance and technology industries, Daniel brings a unique perspective to the nonprofit sector's financial challenges and opportunities.

Recent Posts

4 Signs Your Investment Policy Statement Is Outdated

Posted by Daniel Grunstein  on Nov 5, 2026, 9:00:04 AM

As a nonprofit leader, you must balance the immediate needs of your community with the long-term financial sustainability of your organization. Your investment policy statement is key to this balancing act, helping you protect the value of your initial investments, grow those assets, and maintain access to them if you need to tap the funds for cash flow.

However, if you fail to consistently update your investment policy statement, you may hinder your growth and even expose your organization to unnecessary risk. Read on to discover four signs that indicate you need to modernize your financial frameworks.

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Topics: Endowments & Quasi-Endowments, Nonprofit Investment Strategy

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