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Investment Policy

 

The investment policy of the Foundation is to increase:

  • Endowed assets for the Competitive Grant Program with a special emphasis on endowments with unrestricted focus areas;
  • Contributions from current donors as well as attract new donors;
  • Grants to nonprofit organizations in our community. 
View Investment Management Summary here.

Investment Performance
 

2017 14.94%
2016 7.3%
2015 -4.50%
2014 6.20%
2013 10.10%
2012 9.80%
2011 -1.70%
2010 13.60%
2009 13.60%
2008 -23.70% (18 months)*
2007 20.30%
2006 9.40%
2005 8.20%
2004 16.40%
2003 1.20%
2002 -7.30%
2001 0.00%
2000 10.60%
1999 8.90%
1998 18.60%
1997 17.00% 
1996 16.20%
1995 14.40%
1994 0.00%
1993 10.70%
1992 10.80%
1991 6.10%
1990 11.20%
 
25.5 year average 7.3%
15.5 year average 5.0%
10.5 year average 4.8%
5.5 year average 5.8%

The Foundation changed its fiscal year end from June 30 to December 31 in 2008.  From 1990 through 2007, the fiscal year period is July 1 through June 30.  Beginning in 2008, the fiscal year period is January 1 through December 31. 

*This represents the return for the eighteen month period of July 1, 2007 through December 31, 2008. The twelve (12) month return for July 1, 2007 through June 30, 2008 was .1%. (The average return for the Foundation’s peer group for the same period was –4.2%.)  The six (6) month return for July 1, 2008 through December 31, 2008 was –23.8%. 

For more detail, view how we manage our investments.

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