Investment Philosophy and History

Coastal Community Foundation’s investment philosophy

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%