Investment
Generating premium returns is essential for donor funds to have a durable long-term philanthropic impact.
Our Philosophy
Building Capacity for A Better Tomorrow
Growth of the Community Foundation’s assets is driven largely by a prudent, long-term investment strategy that is intended to allow the organization to grow and succeed in perpetuity. Assets are invested to achieve returns that support immediate community needs while preserving and growing the endowment for future generations.
The Community Foundation’s spending policy is designed to insulate against short-term market volatility, helping to prevent overspending when the market is up or underspending when the market is down. Spending from endowed funds is calculated based on a fund’s average balance over the previous 20-quarters, with approximately 5 percent of this average value available for spending on annual basis.
The Community Foundation’s Board of Trustees manages the organization’s investment portfolio through its Executive Committee and Investment Advisory Group, who work closely with staff and an investment consultant to set policy, establish performance benchmarks and monitor the effectiveness and diversification of the portfolio.
Investment Options
The Community Foundation's institutional investment strategies are advised by Crewcial Partners LLC.
Past performance is no guarantee of future results.
Long-Term Investment Pool
- Established:
- 1993
- Pool Size:
- ~$180.7 Million
- Approximate Investment Fees:
- ~68 basis points annually (0.68%)
Net Returns through September 30, 2024
| CYTD | 1 Year | 3 Year | 10 Year | ITD | |
|---|---|---|---|---|---|
| Total Net Return | 12.7% | 22.6% | 3.9% | 6.5% | 8.0% |
| Benchmark | 14.2% | 25.4% |
5.5% |
7.3% | 7.4% |
Intermediate-Term Investment Pool
- Established:
- 2021
- Pool Size:
- ~$285,000
- Approximate Investment Fees:
- ~8 basis points annually (0.08%)
Net Returns through September 30, 2024
| CYTD | 1 Year | 3 Year | 10 Year | ITD | |
|---|---|---|---|---|---|
| Total Net Return | 10.9% | 20.1% | 3.5% | N/A | 4.1% |
| Benchmark | 11.4% | 21.3% |
3.4% |
N/A | 4.1% |
Short-Term Investment Pool
- Established:
- 2014
- Pool Size:
- ~$908,000
- Approximate Investment Fees:
- ~7 basis points annually (0.07%)
Net Returns through September 30, 2024
| CYTD | 1 Year | 3 Year | 10 Year | ITD | |
|---|---|---|---|---|---|
| Total Net Return | 4.6% | 8.2% | 0.9% | 1.7% | 1.6% |
| Benchmark | 4.1% | 6.8% | 1.3% | 1.4% | 1.4% |
Segregated Charitable Gift Annuity Investment Pool
- Established:
- 2012
- Pool Size:
- ~$3.8 Million
- Approximate Investment Fees:
- ~7 basis points annually (0.07%)
Net Returns through September 30, 2024
| CYTD | 1 Year | 3 Year | 10 Year | ITD | |
|---|---|---|---|---|---|
| Total Net Return | 11.3% | 20.6% | 3.7% | 6.0% | 6.3% |
United States Conference of Catholic Bishops (USCCB) Investment Pool
- Established:
- 2019
- Pool Size:
- ~$12.2 Million
- Approximate Investment Fees:
- ~29 basis points annually (0.29%) - Investments actively managed to ensure compliance with United States Conference of Catholic Bishops (USCCB) Socially Responsible Investment Guidelines
Net Returns through September 30, 2024
| CYTD | 1 Year | 3 Year | 10 Year | ITD | |
|---|---|---|---|---|---|
| Total Net Return | 13.4% | 24.5% | 4.4% | N/A | 7.2% |
| Benchmark | 12.8% | 23.4% | 4.4% | N/A | 8.1% |
External Fund Management
Fundholders with fund assets of at least $100,000 may request to use their personal investment manager, subject to the approval of the Community Foundation’s Board of Trustees as described in the External Manager Policy.
As of September 30, 2024, the Community Foundation currently administers over $11.9 million in charitable assets held in externally managed funds.
Principal Guarantee
Non-participating funds do not earn returns or incur investment fees but their principal value is guaranteed.