Investment Matters
Professional Advisors
We understand the delicate balance between serving the needs of our community today while remaining financially sustainable to address the needs of tomorrow. It is a balance we have maintained for over thirty years, and it is our commitment to our donors and to our community.
2024 By The Numbers
Our Investments
We are pleased to share that our endowment benefited from investment growth of 7.95% during 2024, continuing the positive trend from 2023.
One of our priorities during 2024 was to issue a Request for Proposals for investment advisory services. This is an important fiduciary step that we endeavor to take every five years.
At the conclusion of this process, our Investment Committee determined that the Foundation and its many fund partners would be best served by transitioning our investment portfolio to Mercer/Vanguard, a division of Marsh McLennan.
Mercer/Vanguard’s clientele includes over 80 community foundations, the average assets of which match our Foundation’s total assets.
Beginning in January 2025, we contracted Mercer/Vanguard to provide discretionary investment services for the majority of the Community Foundation’s assets. They work within the framework of our Investment Policy Statement, adopted by our Board of Directors, and oversight by our Investment Committee.