Investment Oversight

Professional Experience You Can Trust

In adhering to prudent business practices as recommended by the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and to the benefit of all endowed and managed fund holders, the Community Foundation of the North State’s philanthropic capital is professionally managed under consultation and advisement with Graystone Consulting, Morgan Stanley Private Wealth Management, and overseen by our Board of Directors and Investment Committee.

Investment Committee

Patricia Bergman
Committee Chair and Board Member

Mark Clure
Board Member

Larry Dahl
Community Member

Joan Favero
Community Member

Dan Ghidinelli
Board Member

Jon Halfhide
Board Member

Forrest Wilder
Board Member

Investment Policy

Objectives

  • Stability of principal
  • High current income
  • Current income with potential growth of income and capital
  • Maximum total return from capital appreciation and income
  • Maximum capital appreciation

Donors who wish to more closely align the investment of their funds held at the Community Foundation of the North State with their values, will have the option to select the ESG Portfolio, which incorporates Environmental, Social, and Corporate Governance (ESG) factors into the investment process in an effort to select/overweight companies that are best-in-class performers from an ESG perspective.

 

Performance

Donors receive semi-annual statements detailing the balance of their short-termed or endowed funds, including contributions, grants and investment activity for the fiscal year-to-date. The Community Foundation’s fiscal year is July 1 – June 30.

Professional Advisors and donors may always contact the Community Foundation directly for specific performance inquiries.

Quarterly Returns and Benchmarks