Northern Trust to advise Grand Haven Area Community Foundation
The Grand Haven Area Community Foundation (GHACF) recently selected Northern Trust’s Foundation and Institutional Advisors Group (FIA) to provide investment management and advisory services.
The GHACF is a nonprofit organization that provides resources such as grants, technical support, leadership advice, and nonprofit advocacy in the Ottawa County and Western Michigan region.
“Ensuring that our community’s assets are stewarded wisely remains a top priority of our board of trustees," GHACF President Holly Johnson said. "We believe that our partnership with Northern Trust, coupled with the local leadership and expertise of our Investment Committee, is the prudent and winning combination that our endowment deserves.”
Northern Trust’s FIA helps nonprofit organizations through investment management solutions, strategic insights and world-class resources, so that they can run more efficiently.
National Practice Executive Darius Gill said he was particularly excited to bring Northern Trust's Social Impact Advisory services to GHACF, noting that FIA would “leverage Northern Trust’s long history of direct community development investment experience…to help them meet their community impact goals.”