INVESTING IN YOUR LIFELONG PHILANTHROPIC GOALS
Inspiring and Celebrating Local Charitable Giving and Civic Engagement in the Hudson Valley
Investment Returns
We are committed to prudent investment management strategies and fiscal policies that lead to long-term fund growth. Our approach allows for freedom on investment decisions to better position us for superior performance.
Investment Tactics
While donor funds are separately maintained at all times, the assets are typically combined for investment purposes into a single investment pool, thereby allowing for shared results from a collective group. The pool’s portfolio is well-diversified to reduce overall risk, lower investment expense, and typically result in better returns.
In addition to our professionally managed primary investment pool, we also offer a socially responsible investment pool, and a liquid pool.
A copy of our current investment portfolio is available to fund holders upon request.
| Current Investment Performance (FY 7/1/24 – 6/30/25) |
Quarter Ended 9/30/24 | One Year | Three Years | Five Years | Ten Years |
|---|---|---|---|---|---|
| Investment Pool A | 6.25% | 22.37% | 5.99% | 9.12% | 7.38% |
| Primary Investment Pool A Benchmark Returns* | 5.82% | 25.38% | 6.29% | 9.65% | 8.15% |
| Socially Responsible Pool | 6.30% | 22.17% | 3.57% | 7.27% | 7.00% |
| Liquid Pool** | 1.25% | 0.42% | 0.90% | 0.64% | 0.47% |
| Historical Investment Performance | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Primary Investment Pool | -1.52% | 33.29% | -9.63% | 9.47% | 12.55% |
| Socially Responsible Pool | 3.48% | 26.04% | -6.48% | 5.06% | 10.04% |
| Liquid Pool | 0.26% | 0.25% | 0.65% | 0.89% | 0.85% |
| (As of June 30) |
*Benchmark weighting as of 6/10/24: Russell 3000-50%; MSCI EAFE-20%; Barclays Capital U.S. Intermediate Government/Credit Bond Index-30%. Previous weighting: Russell 3000, 45%; MSCI EAFE-25%; Barclays Capital-30%.
**In the interest of providing the best returns and safeguarding of assets to our fundholders, the Community Foundations may, at times, move assets in our Liquid Pool (formerly Premium Money Market Pool) from money market products to other comparable products.
The Community Foundations’ Endowment Portfolio is targeted to be invested 70% in equity and 30% in fixed income investments. The returns are net of investment management fees. The investment targets, which are comprised of additional asset allocations not shown here, are as follows:
The Russell 3000 Index represents approximately 98% of the U.S. Equity market. This index is constructed to provide a comprehensive, unbiased, and stable barometer of the broad market.
The MSCI EAFE Index is recognized as the pre-eminent benchmark in the United States to measure international equity performance. It comprises 21 MSCI country indices, representing the developed markets outside of North America: Europe, Australasia and the Far East.
The Barclays Capital Intermediate Government/Credit Index measures the performance of dollar-denominated United States Treasuries, government-related (the United States and foreign agencies, sovereign, supranational and local authority debt), and investment-grade credit securities that have a remaining maturity of greater than or equal to 1 year and less than 10 years, and have more than $250 million or more of outstanding face value.
