Financials

Investing Wisely, Operating with Purpose

Our active Board of Trustees oversees the financial assets of The Community Foundation by working with our Finance and Investment Committee and independent investment consultants to exercise high standards of management and fiscal stewardship.

We serve as stewards of charitable assets entrusted to us by individuals, families, businesses and organizations to ensure these assets can support the community today and for generations to come.

Returns

Our investment portfolios are designed to support both current grantmaking and long-term community impact. Explore historical performance information below.

	QTR	YTD	1YR	3YR	5YR	7YR	10YR
Primary Investment Returns	-1.50%	7.60%	9.80%	14.90%	6.30%	8.90%	8.30%
Hurdle Rate of Return (CPI + 5.5%)	2.40%	7.30%	9.30%	8.50%	9.60%	9.50%	8.90%
Target Weighted Benchmark*	-0.10%	8.40%	11.00%	14.90%	7.40%	9.20%	8.40%

*Total Assets are currently listed "Target Weighted Benchmark is currently comprised of: 4.0% Principal DRA Custom Benchmark, 32.0% S&P 500 Index, 7.0% Russell Midcap Index, 6.5% Russell 2000 Index, 14.5% MSCI AC World Index ex-U.S., 20.0% Bloomberg U.S. Aggregate Index, 6.0% HFRI Fund of Funds Index, 5.0% LSEG All Private Equity Index, 2.5% LSEG Distressed Index, and 2.5% LSEG Mezzanine Index"

Investment Managers

Professional investment firms and asset managers whose performance is reviewed and monitored by Fund Evaluation Group:

Audax Group
Charles Schwab
Dimensional Fund Advisors
Dodge & Cox
EuroPacific (Capital Research)
Falcon Strategic Partners
Fidelity Investments
Fund Evaluation Group Private Investors
Kohlberg Investments
Oberweis Asset Management, Inc.
PIMCO
Principal Global Investors, LLC
Strategic Value Partners
Summit Partners
Vanguard Investments
Weatherlow/Evanston Capital Management
Yukon Capital Partner

Investment Partners

We offer donors and organizations different options for the investment management of their endowed and non-endowed gifts. Donors may recommend their own investment manager to become part of the Foundation’s Investment Partner Program to manage the investment of their gifts to the Foundation.

Current Investment Partners

Allen-Kramp Wealth Management
Brimley & Frisch Wealth Management
Edward Jones (Findlay, Rich Rowe)
Edward Jones (Fostoria, John Irwin)
Hixon Zuercher Capital Management
Merrill Lynch Wealth Management (Bonnoront-Mangiola-Edel Group)

Learn More

Spending Policy

The Foundation's spending policy balances current community needs with long-term growth.

The Foundation’s spending policy determines the amount available to grant from a fund. The Foundation’s current spending policy is 4.5% of the average of the market values of a fund for the twelve trailing quarters as of June 30.

Foundation Support Fees

Foundation support fees help power the essential operations that amplify your impact through coordinated community grantmaking, donor services, and oversight and administration of the charitable funds held at the Foundation.

For endowed funds, the fee is calculated based on the average market value of the fund for the twelve trailing quarters ending June 30 of the previous year. For non-endowed funds, the fee is calculated based on the average market value of the fund for the twelve trailing quarters ending December 31 of the previous year and assessed in January.