The investment approach of the Community Foundation advocates a total return concept. This means investing for a comprehensive return, including interest and dividends earned on stocks and bonds, plus realized and unrealized gains and losses.
The idea is that the payout from the Community Foundation can be stabilized and provide a constant percentage available for grants and distributions.
Investment Philosophy
• Professional Financial Advisors and Managers are hired by the Community Foundation to handle investments and to meet expectations using the investment policies and guidelines provided by the Community Foundation.
• The Community Foundation maintains strategic yet prudent investor practices and complies with state and federal requirements.
• The Community Foundation positions assets for successful long-term investing.
• All forms of investment risks are monitored and the total principal of the Community Foundation's endowment is preserved.
• The Community Foundation pools its permanent endowment contributions for maximum effectiveness and efficiency.
• Each donor's fund is accounted for separately.
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