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The Community Foundation’s investment strategy is designed to ensure the total return necessary to preserve and enhance the principal of the funds, and provide a dependable source for grants and scholarships.
Our investment committee is responsible for assuring that the Community Foundation exercises prudent stewardship over the assets with which it has been entrusted.
The Foundation’s asset allocation strategy is to provide long-term growth with a broadly diversified mix of asset classes and styles.
We retain an independent investment-consulting firm to monitor the performance of investment managers and to advise on the Community Foundation’s investment asset allocation.
The endowment fund is structured for long-term growth with a broadly diversified mix of asset classes and styles. Experience has shown that financial markets and inflation rates are cyclical and, therefore, control of volatility will best be achieved through diversification of asset classes and selection of managers of diverse styles.
Since the selection and weighting of asset classes are the primary determinants of investment return and volatility, asset choice is carefully considered by the investment committee in accordance with a systematic allocation process derived from consultation with its investment consulting firm. The international, alternative, and real estate segments are intended to reduce volatility and the fund’s reliance on domestic financial markets.
Investment managers are appointed following a systematic search for those with demonstrated quality in the style desired. They are evaluated based on length of experience, depth of talent, and proven abilities. The Community Foundation ensures equal access for minority investment managers.
The investment manager’s performance is evaluated each quarter based on a comparison to an appropriate market index rate of return and an overall rate of return of peers with comparable investment styles or portfolio objectives. No investment manager may invest more than 10% of its fund in the securities of any one issuer.
Investment Managers
Domestic and International Equity
Acadian Asset Management
Adage Capital
Advisory Research, Inc.
Artisan Partners
Morgan Creek Capital Management
NCM Capital Management
Northern Trust
Parametric Portfolio Associates
Alternative Strategies
The Archstone Partnerships
Bank of America Capital Advisors
FLAG Capital Management
Goldman Sachs Asset Management
JP Morgan Asset Management
Landmark Partners
Pine Grove Associates, Inc.
Rockefeller and Company
TIFF
Wilshire Associates
Winston Capital Management
Fixed Income
Northern Trust
Real Assets
The Forestland Group
Guggenheim Real Estate
Wellington Management Company | 
