While the nonprofit sector is generally sound in terms of reserve ratios, overall average returns on investments lagged traditional indexes by 1 to 2 percent, according to a new study by Raffa Wealth Management that provides benchmarking data on investment portfolio polices and management strategies. The study was introduced by Dennis Gogarty (left) and Mark Murphy at a TRENDS Finance Live Breakfast this week in Washington.

As the hospitality industry begins to show signs of recovery, meeting planners will have to work harder when negotiating contracts with hotels. That was the lesson at an education session at ASAE's Springtime show last week at the Washington Convention Center.