The Foundation seeks to safeguard assets entrusted to us, and, at the same time, generate total return for grantmaking that responds to current and changing charitable needs in the community. These criteria dictate the following investment philosophy:
Primary emphasis is placed on preservation of asset purchasing power through investment growth and total return.
Moderate growth of principal and total return is expected, consistent with maintaining safety of principal.
The Finance Committee focuses on asset allocation among equity, debt and other investment opportunities, and seeks a return in line with the Foundation's spending policy as it relates to long-term grantmaking goals.
