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Fund Performance

Endowed Funds 

The primary investment objective of the Endowment Pool is to provide a relatively stable, inflation-adjusted, annual payout to support the defined spending rate. 

Asset Allocations

Endowment Pool

Lower Limit Target Upper Limit Benchmark
Total Equity: 60% 70% 80%
US Equity 40% 55% 70% Wilshire 5000
International Equity 5% 15% 25% MSCI EAFE
Fixed Income 20% 28% 40% Barclays Cap US Aggregate
Alternative Invest.
Cash & Equivalents 2% 5% S&P 0-3 Mo US T-Bill
Investment Performance

Endowment Pool – For period ended June 30, 2021

YTD 1-Year 3-Year 5-Year
11.29% 32.29% 11.53% 11.20%

Cash (0-3 years)

The primary investment objective of this Pool is stability of principal. This Pool will invest exclusively in cash and cash equivalents and will have no risk of loss of capital. Donors with immediate liquidity needs or no expectations of growth of capital should consider this strategy.

Conservative Growth & Income Pool (3+ years)

The primary investment objective of this Pool is to provide modest growth while limiting fluctuation to less than the overall stock market. This Pool will invest primarily in a fixed income, with some equity, cash and cash equivalent assets. This Pool is appropriate for donors who have a time horizon of more than three years.

Moderate Growth & Income Pool (4+ years)

Moderate Growth & income Pool (4+ years)
The primary investment objective of this Pool is to provide a moderate level of risk and a mixture of equities, fixed income, and an occasional allocation to cash. This Pool may experience moderate year-to-year volatility. This Pool is generally appropriate for donors with an intermediate time horizon of more than three years.

Growth Pool (7+ years)

The primary investment objective of this Pool is capital appreciation. There will be some inevitable volatility in principal value in this Pool, but it may offer the potential for higher returns over the long term. This Pool is appropriate for donors with a time horizon of more than seven years.

Asset Allocations

Conservative Growth & Income Pool

 

Lower Limit Target Upper Limit Benchmark
Total Equity: 20% 25% 30%
US Equity 16% 21% 25% Wilshire 5000
International Equity 3% 4% 5% MSCI EAFE
Fixed Income 60% 75% 90% BBG BARC S/T Govt/ Corp
Alternative Invest.
Cash & Equivalents 2% 10% S&P 0-3 Mo US T-Bill
Moderate Growth & Income Pool

 

Lower Limit Target Upper Limit Benchmark
Total Equity: 25% 35% 50%
US Equity 18% 25% 35% Wilshire 5000
International Equity 7% 10% 15% MSCI EAFE
Fixed Income 50% 65% 70% BBG BARC S/T Govt/ Corp
Alternative Invest.
Cash & Equivalents 15% S&P 0-3 Mo US T-Bill
Growth Pool

 

Lower Limit Target Upper Limit Benchmark
Total Equity: 60% 70% 80%
US Equity 40% 55% 70% Wilshire 5000
International Equity 5% 15% 25% MSCI EAFE
Fixed Income 20% 30% 40% BBG BARC S/T Govt/ Corp
Alternative Invest. 15%
Cash & Equivalents 10% S&P 0-3 Mo US T-Bill
Investment Performance

For period ended June 30, 2021

YTD 1 Year 3 Year
Conservative Growth & Income Pool 1.16% 5.03%
Moderate Growth & Income Pool 2.91%
Growth Pool 9.10% 26.02% 10.16%

Donor Recommended Investment Managers

The Foundation recognizes that certain large donors may desire to recommend the use of a specific manager or broker to manage their contributed funds. Upon request by a donor at the time of a gift and establishment of a fund the Foundation may enter into a contract with an individual investment manager to manage assets given to the Foundation. Please contact Foundation staff for more information.