Connecticut Community Foundation stewards more than 450 charitable funds that have been entrusted to us since 1923. Our goal is to invest strategically to meet the current needs of our community while preserving the endowment’s value so we are able to continue to serve residents in the future.
As a public charity, the Foundation adheres to the highest financial disclosure standards. See documents below:
Our Investment Options
The Foundation’s investment policies are overseen by an Investment Committee comprised of active and retired investment managers and other individuals knowledgeable in the investment field through the use of a forex trading course or similar resources. This committee, with assistance from an independent consulting firm, recommends asset allocation strategies and investments to the Board of Trustees, and monitors the performance of the investments on a quarterly basis against designated benchmarks. Of course, our investments are a little bit different from those that others might make from platforms such as the best stock trading app canada has For example, a lot of individuals are currently investing in cryptocurrencies. Whilst we’ve heard that Bitcoin is a great way to make more money, we invest in other things. However, that’s not to say that people shouldn’t look into Bitcoin. It might be the right investment for some people, especially if they use Bitcoin Superstar alongside. A lot of people ask is Bitcoin Superstar seriös? That means “Is Bitcoin Superstar reputable?” Most people believe that it is reputable, so they use it to trade their Bitcoin around in the hopes of making more money.
Donors to the Foundation may select from the following investment options for their funds:
- Balanced endowment fund – This investment option is available for both permanent and nonpermanent funds. This pooled fund offers a broadly diversified portfolio of publicly traded mutual funds, providing full disclosure and liquidity. The focus is on index funds uk which mirror the market at low cost. Further information on the balanced endowment fund’s individual mutual funds and their returns is available. Contact us at 203.753.1315.
- Money market type vehicle – This investment option is available only for nonpermanent funds. This pool offers a money market type vehicle for donors who wish to expend their funds within a shorter timeframe, usually fewer than 2-3 years.
Investment return, net of investment manager fees, for the Foundation’s Endowment Fund and ESG Fund for the period ending 9/30/20 are as follows:
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The Foundation invests its endowment assets for total return (interest, dividends, capital appreciation/depreciation). Each individual fund at the Foundation receives its pro rata share of the total return.
Annually, the Board of Trustees establishes a spending rate. The Foundation’s spending rate for 2021 is 5.75% on field-of-interest and unrestricted funds and 5.25% on all other fund types; agency endowments, designated, donor advised endowed funds and scholarships. A 12-quarter moving average (ending one year prior to the beginning of each current year) of ending endowment market values is used to determine spending for grants and scholarships.
The Foundation’s Board of Trustees also establishes a fund fee. For permanent endowment funds, the fee is calculated quarterly based on the fund’s prior quarter ending market value. For non-permanent donor advised funds, the fee is calculated quarterly based on the highest market value of the fund in the prior quarter.
The Board has historically approved a prudent rate of spending, taking into consideration historic rates of return and inflation. Studies of endowment funds consistently show that spending rates significantly greater than five percent have the potential to erode the value of the endowment after inflation.