CAMDEN — United Midcoast Charities will present its March offering in the Learn with UMC series, Effective Relationships with Wealth Managers, Friday, March 13, from 9 - 11 a.m., at 16 Bayview, in Camden. This event is sponsored by First National Wealth Management.

Invested funds are a critical tool in nonprofit finance. They allow the organization to adapt to situations of rapid change, address emerging needs, and plan for the long term. Portfolio managers Gary E. Stone and Christopher J. Shelton will discuss how to know if an endowment is right for your organization and answer important questions about how to start.

Who is the best investment manager to oversee the administrative and fiduciary requirements to properly maintain the endowment? How do you find services to manage your endowment? What other things should you consider?

In this session, insights and lessons will be shared regarding how a successful relationship with your investment manager can effectively advance your nonprofit mission. Shareen Palmacci, treasurer of the Bangor Homeless Shelter, will share her client perspectives, and a Q&A session will close the meeting.

Please note that while this event is free, space is limited and registration is required at unitedmidcoastcharities.org/events. Cancellation is required at least 48 hours in advance to fill your seat from the wait-list.

United Midcoast Charities, founded in 1942, is a 501c3 community-supported nonprofit whose mission is to energize Midcoast Maine nonprofit agencies through finance and guidance, supporting a network of resources stronger than any single organization. UMC’s primary areas of focus are food, housing, health and safety, and economic security.

Since 2017, UMC has awarded grants totaling $1.5 million to more than 50 agencies as part of their community-led competitive grants program.

For more information visit www.unitedmidcoastcharities.org.