The Greater Cedar Rapids Community Foundation has a balanced approach to investing. The nine-member Investment Committee of the GCRCF board works closely with staff and a professional management consultant.
Contributions made to The Greater Cedar Rapids Community Foundation are pooled for investment purposes. There are approximately 300 component funds in the combined Endowment Pool, and a system of unitization, much like a mutual fund, allocates total return to each component fund. These component funds represent a collection of the interests of individual donors and agencies who have united to increase the effectiveness and assure the future of charitable giving.
One of the advantages of pooling funds is that it permits greater diversification of investments than would be possible for single funds. This, in turn, provides for greater opportunities without increasing risk.
For more information about GCRCF’s investments, including asset allocation, click here.
2007 Information Coming Soon!
During the fiscal year that ended December 31, 2006 The Greater Cedar Rapids Community Foundation endowment pool return on investment was 18.0%. The three-year return was 15.0%; the five-year return was 13.6%, and the annualized return since 1/31/94 is 10.4%. These returns are stated net of fees. Performance results have exceeded the portfolio goals.
The Greater Cedar Rapids Community Foundation has consistently ranked in the top decile of all Community Foundations that report results to the Council on Foundations.
|
