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WHAT WE OFFER
ORGANIZATION ENDOWMENT FUNDS
CAPITAL CAMPAIGNS
RESOURCES
Glossary
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Organization Endowment Funds
Our goal is to increase dollars available for your organization while ensuring that your fund’s balance grows over time.
Our investment program benefits from the expertise of a volunteer Investment Committee. All committee members are well versed in investment strategies, trends and issues. Appointed by the Board, the Committee meets regularly to review and rebalance our portfolios.
Our independent investment advisor, Arnerich Massena & Associates, guides, monitors and oversees investments and is paid on a flat-fee basis. That is, they do not receive a commission on investments made. The invested funds are held at Union Bank of California. The Bank has no authority over investment choices.
This separation of investment advice from day-to-day custody, coupled with the expertise of the Investment Committee, ensures that the Community Foundation receives the highest quality advice and management of its investment portfolios.
| As a steward of endowments, our investment program is designed for long-term results. To meet this goal, the Community Foundation’s Board of Directors has established an annual investment return goal of at least 9 percent. Years of investment growth buffer inevitable market downturns. |
Investment Fees
The Community Foundation assesses a 60 basis point investment fee on all Organization Funds. This fee covers the costs of our investment program. Charging an investment fee is standard procedure for community foundations.
Service Fees
In addition, a one percent service fee helps defray the administrative costs associated with managing your fund and providing top quality service.
| The Community Foundation’s Board is committed to complete transparency. We disclose all fees associated with the investment and management of your Organization Fund. There are no “hidden” additional costs. |
| You will receive quarterly Charitable Fund Statements detailing your Organization Fund’s activity, including investment performance, service and investment fees, and funds distributed. |
Organization Endowment Funds
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