Investment Policy

The Community Foundation's Investment Policy Statement establishes a clear understanding with its investment advisors as to the investment goals and objectives and management policies applicable to the Foundation's investment portfolio. The Investment Policy establishes reasonable expectations, objectives and guidelines in the investment of the foundation's assets. The policy creates the framework for a well-diversified asset mix that can be expected to generate acceptable long-term returns at a level of risk suitable to the foundation.

The Investment Policy is intended to be a summary of the Foundation's long-term investment philosophy and procedures that provide guidance for the Foundation and its Advisors. The Investment Policy is dynamic. It should reflect the Foundation's current status and philosophy regarding the investment of the portfolio. The Investment Committee of the board annually reviews the Investment Policy and makes revisions periodically as needed.

The Investment Committee gives fund managers specific direction according to the Investment Policy to ensure that the overall allocation follows this policy.