Fund Management
Since our inception in 1966, we’ve been entrusted to steward and support the philanthropy of the Central Valley, knowing that future generations benefit from our stewardship and rely on each dollar invested with us. We are honored to play this role, and it is one we don’t take lightly.
Fund Management Fees
Depending on your fund balance and if you’d like your fund invested or to remain liquid, we collect between 0.5%-2% annually. As an added benefit to opening a fund with us, the minimal fees we collect are reinvested in our region through our community impact work.
Investment Management
The Foundation Investment Committee members are Foundation Board Members and local volunteers with significant business, accounting and investment management experience. The committee is responsible for the investment management of our portfolio. The Foundation retains SEI, a global provider of asset management, investment processing and investment operations solutions. With over 48 years as a leading innovator in wealth management, SEI has $648 billion in assets under management or administration.
​
Our fundholders have the option to keep their assets liquid, have their investment manager advise, or choose from one of our investment pools.
Long-Term Pool
The Long-Term Pool is the Foundation’s primary investment vehicle for endowment funds and other funds intended for long-term growth. The Pool includes assets intended to boost risk-adjusted return and moderate market downsides, which are available only to institutions with substantial assets. Through this Pool, the Foundation offers these asset classes to its donors and partners.
Short-Term Pool
The Short-Term Investment Pool is maintained by the Foundation for funds that require principal preservation while accepting a limited amount of risk in order to seek a rate of return greater than that of Treasury bills. The Pool is entirely invested in fixed income securities and is not intended for long-term fund growth.
Social Impact Pool
The Social Impact Investment Pool favors investment in companies with strong environmental, social, and governance (ESG) ratings. In addition to screening investments, the Foundation has arranged to vote in shareholder elections for the Pool’s U.S. equity holdings.
Low Cost Pool
The Low Cost Investment Pool minimizes management fees while providing exposure to the domestic and overseas equity markets. This pool is intended to achieve long-term fund growth but provides little downside protection during periods of market volatility. In addition to equities, the Pool includes a substantial fixed-income asset allocation with the goal of mitigating investment risk.
TO REQUEST RECENT FUND PERFORMANCE INFORMATION
Reports & Disclosures