Coastal Community Foundation’s investment philosophy has two key objectives:
- to provide sufficient income for current charitable support to preserve the purchasing power of the Foundation’s assets through capital appreciation
- The Foundation’s prudent investment policy allows the Board to meet the goal of providing for current charitable needs while maintaining and enhancing long-term purchasing power.
The Foundation’s assets have been professionally managed by a local firm, Dowling & Yahnke, that has been in business since 1991. The emphasis in on low-cost, passive, long-term investment. The investment allocation currently is:
- 5% Cash and cash equivalents
- 35% Fixed Income (High short to intermediate-term bonds)
- 60% Stocks (Exposure to Large US, Small US and Foreign Stocks, Real Estate Securities)
The following is the Foundation’s net investment performance over the past eleven years:
2022: -12.2%
2021: 13.67%
2020: 10.42%
2019: 17.02%
2018: -5.87%
2017: 12.50%
2016: 8.54%
2015: -1.72%
2014: 4.8%
2013: 15.0%
2012: 11.7%
