The Foundation’s investment team, including staff and an Investment Committee made up primarily of UWF board members, invests gifts received by the Foundation. The team reviews investment performance, analyzes recommendations and proposals from professional investment managers and determines and how to allocate its assets.
While departments and programs have many endowment and expendable accounts, the Foundation pools those accounts and invests them in two portfolios:
- The Endowment Portfolio
- Pools gifts used to create or add to endowed “32” funds.
- Each gift represents a number of units in the pool.
- The endowment fund is managed to provide spendable income and grow the principal to ensure long-term equity.
- Endowment Fund FAQs »
- The Expendable Portfolio
- A short-term pool of many gifts intended to be entirely spent within a short time, is managed similar to a money market fund.
- It is managed to preserve the principal balance of the original gift to provide liquidity when dollars are needed and to pay a competitive short-term interest rate.
The majority of gifts received by the Foundation are invested in the endowment portfolio.
