Our focus is forever.
As stewards of charitable assets, it is our responsibility to meet
not only current needs, but also the long-term needs of the communities
we serve. To ensure that the
Foundation’s goals are met, we have investment policies and guidelines
that provide for prudent asset management.
The Foundation’s primary investment goal is to maximize long-term total return within levels of risk set by the Investment Advisory Board.
Because the selection
and weighting of asset classes is one of the primary determinants of
both investment return and volatility, our asset allocation is
considered and monitored by the IAB. The portfolio is rebalanced to the
target percentages quarterly.
The Board of Directors, the Investment Advisory
Board and the staff of the CFO are wholly
committed to the stewardship of our charitable funds.