Mainebiz Giving Guide

W W W. M A I N E B I Z . B I Z 3 G I V I N G G U I D E 2 0 2 3 – 2 0 24 From planned giving to risk management, Harpswell Capital Advisors LLC delivers all the services to your nonprofit for a sound endowment investment program. Harpswell Capital Advisors understands your endowment needs extend well beyond the blocking and tackling of day-to- day investment management. As a boutique investment advisory firm, Harpswell is dedicated to the continued cultivation and specialization of financial management for nonprofit institutions and our narrow focus translates into real advantages for the nonprofits we serve! It's advantageous for nonprofits to partner with a dedicated endowment advisor who oversees and meets their financial requirements day in and day out. Your institutional needs differ markedly from the offerings of banks and wealth managers. Harpswell is laser-focused on delivering exactly what you and your stakeholders expect and demand. Harpswell invested resources over the last decade to develop depth in the areas that mean the most to nonprofit institutions. In fact, we feel much of the virtue of working with a specialized endowment boutique revolves around the ancillary services we provide on top of our exceptional attention to detail relating to portfolio management. Education tops the list of Harpswell's specialized offerings. First, we recognize the fact that not every board member, committee member, CFO, or Executive Director is versed in the fundamentals of endowment management. Likely the most important facet of this function is making sure the investment policies are aligned with the goals and mission of the institution. With this in mind, Harpswell leverages its proprietary tools and aims to illustrate the impact of different investment and distribution policies. is way each stakeholder can conceptualize how these moving parts impact finances and sustainability. is function is of paramount importance and that is why Harpswell spent years developing the tools to best serve the nonprofit institutions that entrust Harpswell with their assets. Aside from Harpswell's tools aimed at investment and distribution policy analyses, Harpswell spends time with new staff or Board members in a 1-on-1 investment tutorial. We are committed to making sure each institution has the needed resources, and we recognize that well- informed stakeholders can better fulfill their fiduciary duties. Harpswell also holds different forums for CFOs, Executive Directors, and Board Members to help supplement their understanding of their fiduciary duties. We would like to express our gratitude to our clients who entrust Harpswell Capital Advisors, LLC to manage their endowments. From Mount Desert Island to Bethel, and from Oregon to Florida, we are grateful for the trust nonprofit institutions place in us. Rest assured; we will work hard every day to earn your trust as well. Jack Moore, CFA Managing Partner Harpswell Capital Advisors S U P P O R T I N G M A I N E N O N P RO F I T S FROM THE GIVING GUIDE SPONSOR FROM THE GIVING GUIDE SPONSOR From Mount Desert Island to Bethel, and from Oregon to Florida, we are grateful for the trust nonprofit institutions place in us. For all of us at Harvard Pilgrim Health Care, helping to support the health and wellbeing of our members and our communities is at the core of our business. Collaborating in our Communities for a Better Maine. Day in and day out, Maine's nonprofit community has continued to show up for the individuals and communities in Maine that are most in need of their support. In Maine, we are kind, hardworking, and care about our neighbors, and no one embodies these traits better than our vibrant nonprofit community. As a local, not-for-profit health insurance provider, Harvard Pilgrim Health Care has been providing health benefits to Maine businesses for more than 40 years. And as the leading health insurer for nonprofit organizations, we understand what it takes to operate organizations like yours – it starts with the people within. at's why your commitment to keeping your workforce healthy is shared by us. For all of us at Harvard Pilgrim Health Care, helping to support the health and wellbeing of our members and our communities is at the core of our busi- ness. And as your neighbors, we have a vested interest in ensuring that commu- nities, businesses, nonprofits, and individuals throughout Maine are empowered to live healthier lives. rough our parent company, Point32Health, and our Foundation, we've provided approximately $1.5M to community organizations throughout Maine in 2022. ese investments have supported local community organizations and nonprofits across our state, reaching into our northern communities, who often face greater economic instability, geographic isolation, generational poverty, and less access to medical, dental, and mental health care. We believe we can have the highest impact on our communities by working together. Harvard Pilgrim is proud to be your trusted local partner in Maine, and helping our nonprofit partners navigate health insurance benefits so that you can keep focus on impacting positive change in communities throughout Maine. is way to better health. Bill Bourassa Director of Sales, Maine Market Point32Health

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