Investing Endowment Funds
The Foundation invests all endowment funds in a pooled portfolio.
Each fund owns a certain number of units, based on its underlying value, and owns a pro-rated share of the entire pool. New investments purchase units at the current unit costs.
The Endowment’s Guiding Principals
The essence of creating or giving to an endowment fund means gifts are meant to live in perpetuity. In managing the endowment, the investment team endeavors to achieve the best possible long-term returns with the least amount of risk. To meet the endowment’s objectives, the majority of investments are in equity (stock) or equity-like vehicles, including public stocks, bonds, private equity and real assets such as oil and gas.