Bernstein Global Wealth Management has launched a new website dedicated to providing management support for endowments and foundations.

The new microsite, which so far includes two research reports and four webcasts, is designed to help almost any type of non-profit organization, from family foundations to public foundations and endowments. The four webcasts focus on the highlights of the research, including the concept of total philanthropic value and grant making, spending strategies amid an economic slump, and popular hybrid spending models.

"Spending policy has become a hot button for non-profits because of financial market volatility and local budget crises," said Brian Wodar, a director at Bernstein, adding that the featured research aims to explore solutions to this issue. 

Bernstein Global is a wholly-owned unit of AllianceBernstein, an international investment management firm that provides research and investment services to institutional investors, individuals and private clients.