Bernstein Private Wealth Management Unveils Nonprofit Financial Health Assessment Tool to Strengthen Financial Resilience

Bernstein Private Wealth Management, a unit of AllianceBernstein (NYSE: AB), launched a Nonprofit Financial Health Assessment tool that evaluates six quantitative metrics and three qualitative factors against national nonprofit benchmarks. The digital tool is available through Bernstein Advisors and complements the firm's existing Reserves Analysis Tool; it is informed by research with Indiana University's Lilly Family School of Philanthropy analyzing more than 800,000 IRS Form 990s. This is a client-service and marketing initiative for Bernstein's nonprofit advisory practice, which supports more than 1,000 organizations; no financial impact on AB is disclosed.

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