Investments

Investment Objectives (pdf)

Wise investments for lasting impact. The Foundation’s investment goal is to earn, through appreciation and income, an annual return net of fees of at least 5-7%.

Annual Rate of Return (gross)

2015 0.00%
2014 5.70%
2013 17.30%
2012 11.50%
2011 2.61%
2010 13.56%
2009 21.34%
2008 -21.74%
2007 7.49%
2006 11.69%
2005 6.65%
2004 10.88%
2003 8.11%

The Foundation manages its endowed and operational assets according to guidelines established by the Board of Directors and Finance Committee. Our allocation policy is designed to provide an optimal asset mix for the portfolio, emphasizing diversification in order to lower risk and maximize “total return.”

Lower Limit

Strategic Allocation

Upper Limit

Domestic Large-Cap Equity Growth

10%

15%

25%

Domestic Large-Cap Equity Value

10%

15%

25%

Small/Mid-Cap Equity

0%

10%

25%

International Equity

5%

10%

30%

Alternative

0%

3%

25%

Fixed Income

25%

35%

50%

Cash Equivalent

0%

5%

10%

Real Assets

0%

7%

10%

 

Harbour Investment Management, Wells Fargo Private Banking and D.A. Davidson & Co. function as our investment consultants to provide oversight, guidance, design and implementation of the Community Foundation’s portfolio. Our Finance Committee meets with investment managers quarterly and compares the investments to the benchmark for that asset class. The Foundation also utilizes local banks for certificates of deposit when appropriate.  Last Updated February 2016