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.
Investment Performance
|
Annual Rates of Return |
|
|
1990 |
11.2% |
|
1991 |
6.1% |
|
1992 |
10.8% |
|
1993 |
10.7% |
|
1994 |
0.0% |
|
1995 |
14.4% |
|
1996 |
16.2% |
|
1997 |
17.0% |
|
1998 |
18.6% |
|
1999 |
8.9% |
|
2000 |
10.6% |
|
2001 |
0.0% |
|
2002 |
-7.3% |
|
2003 |
1.2% |
|
2004 |
16.4% |
|
2005 |
8.2% |
|
2006 |
9.4% |
|
2007 |
20.3% |
|
2008 |
-23.7% (18 mos)* |
|
2009 |
13.6% |
|
2010 |
10.2% |
|
20.5 year average |
8.04% |
|
15.5 year average |
7.72% |
|
10.5 year average |
4.60% |
|
5.5 year average |
5.42% |
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.
For more detail, view how we manage our investments.
