The Community Foundation has established a variety of investment portfolios, each with different investment guidelines. The following is a brief description of each of these portfolios.

Long Term Investment Portfolios:

Global Growth Portfolio

This investment portfolio has been developed by the Foundation’s Investment Committee as the primary investment vehicle for funds invested for the long-term. Its purpose is the generation of maximum long-term total returns within levels of risk determined to be prudent by the Foundation Trustees.

We have a strong underlying belief that superior long-term performance will be generated by adherence to an approach that focuses on low cost index based products and minimal active portfolio management – either in the form of active security selection strategies or active attempts at anticipatory asset allocation. The Global Growth Portfolio’s goal is to maximize longer term return while undertaking a prudent level of diversification. The Investment Committee believes that a multi-asset class portfolio consisting of many different types of investments from around the world, best fulfills that objective. All cash flows into and out of the account will be utilized to rebalance toward target weights when the cash flow occurs. If upon any valuation date the portfolio deviates by five percentage points or more from the target allocation or exceeds the policy range for any asset class the portfolio will be immediately rebalanced to bring that asset class as close to its target percentage as possible.

Asset Manager(s): Vanguard and Schwab.
Benchmark: 45% CRSP, 20% FTSE AW ex-U.S. TR, 30% Blomberg US Aggregate Bond.
The benchmark for the entire portfolio will be a composite of the above benchmarks.  In addition, appropriate benchmarks for private equity, private real estate, and natural resources investments will be utilized to monitor these specialized investments.
Fee:  Approximately 12 basis points (.12%)

Global Growth performance for quarter ending September 30, 2025.

Socially Responsible Portfolio

This pool has been developed as a long-term portfolio for those donors who strongly believe that investments can make a positive difference on environmental, social and governance (ESG) issues. To this end, the Committee has selected Vanguard ESG funds for the equity allocation of the portfolio. As in any investment endeavor that limits the scope of investments, this portfolio may tend to be more volatile than one that is able to diversify across the entire universe of investment opportunities.

Asset Manager: Vanguard Group
Benchmark: 45% FTSE (Financial Times Stock Exchange) US All Cap Choice Index, 20% FTSE Global All Cap ex US Choice Index, 5% MSCI Emerging Markets SRI, 15% Bloomberg MSCI US Corporate SRI and 15% Bloomberg US Treasury 1-5 Year Index 
Underlying Investment Vehicle(s): 45% Vanguard ESG US Stock ETF, 20% Vanguard ESG International Stock ETF, 5% iShares ESG Aware MSCI EM ETF, 15% Vanguard ESG US Bond ETF, 15% Vanguard Short Term Treasury 
Fee: Approximately 12 basis points (.12%)

Socially Responsible performance for quarter ending September 30, 2025.

Intermediate Term Portfolio

This is the Foundation’s most conservative intermediate term investment portfolio. Its primary objective is to provide relatively stable value with the potential for principal growth. An emphasis has been placed on achieving market rates of returns, with broad diversification and low management cost. The higher debt and cash component dampen the volatility of the portfolio, but may limit appreciation potential and thus is not consistent with the Foundation’s spending policy.

Asset Manager: Vanguard Group
Benchmark (blended): 50% CRSP US Total Market, 25% Bloomberg US Aggregate Bond Index, 25% 90-Day T-Bill
Underlying Investment Vehicle(s): 50% Vanguard Total Stock Market Index Institutional Fund, 25% Vanguard Total Bond Market Index Institutional Fund, 12.5% Vanguard Treasury Fund, 12.5% Vanguard Short Term Bond Index Fund 
Fee: Approximately 10 basis points (.10%)

Intermediate-Term performance for quarter ending September 30, 2025.

Short Term Portfolio

This portfolio is available only for those donor advised and other funds where the bulk of the principal will be expended in a relatively short time. The main objective of the pool is preservation of capital and current income. The money market portfolio’s investment objectives are not consistent with the Foundation’s spending policy or with the growth of principal and thus represent a poor long-term investment.

Asset Manager: Vanguard Group
Benchmark:  ICE BofAML US 3 month T-Bill
Underlying Investment Vehicles: Vanguard Treasury Money Market Fund, and bank CD’s 
Fee: Approximately 7 basis points (.07%)

Short-Term performance for quarter ending September 30, 2025.