我國文化藝術財團法人主要提供的服務包括舉辦各種文化藝術活動、贊助文化藝術事業及協助政府推動文化藝術發展等面向,對於推動國家文化藝術發展佔有很重要的地位。文化藝術財團法人雖然有多元資金來源,但是其運作經營卻經常面臨財源不穩、收入無法支應組織日常活動費用與開銷的窘境。是故,本文欲從財務管理的角度,探討文化藝術財團法人如何藉由投資管理達到永續經營的目標。 本研究主要分為理論分析及個案探討二部份。第一部份藉由分析相關投資管理理論,探討文化藝術財團法人之投資原則、策略,並分析其投資行為之合法性,以及可能引發之爭議。第二部份透過國內外案例的實證研究,檢視文化藝術財團法人從事投資管理實際運作之情況。透過理論與實個案之分析,期望對我國文化藝術財團法人將來在從事投資管理時能夠有所助益,俾利其永續經營,以促進我國文化藝術之發展。
In Taiwan, the services provided by nonprofit art organizations include conducting all kinds of cultural and art activities, supporting cultural and art affairs, and assisting government to promote cultural and art development. They play a great important role on the development of cultural and art within a country. Though nonprofit art organizations have multiple financial resources, they nevertheless stuck in the poor financial status very often. Therefore, regarding to the financial management, this research discusses how the nonprofit art organizations may achieve the goal of sustainable management through the investment management. This research comprises two parts, including theoretical analysis and case studies. The first part explores investment management theory to discuss the investment principles and strategies of nonprofit art organizations, to analyze the validity of the nonprofit art organizations’ investment behavior, and to tackle the controversies caused by the investments. The second part examines the cases at home and abroad to understand the actual conditions that nonprofit art organizations have engaged in the investment managements. Hopefully, this research will provide some useful viewpoints by analyzing theories and cases of nonprofit art organizations’ investment management to help them to achieve the goal of sustainable management and further the development of cultural and art in Taiwan.