Providing oversight for all of a nonprofit’s assets, including those that are invested, is a basic fiduciary responsibility of the board of directors of any charitable nonprofit. There are three potentially competing interests for any funds that a nonprofit invests: 1 protecting the value of the initial invested assets; 2 growing those assets to increase their value; and 3 maintaining access to the assets, in the event the nonprofit needs to tap into the investments for cashflow needs. Sign in Subscribe.