*The data in the chart above combines historic information drawn from foundations’ reported asset levels and disbursements obtained from their annual tax filings, along with projected values based on the FoundationMark Grantmaker Investment Value (“GIV”) Index which estimates monthly returns for the foundation universe based on reported asset allocations and market returns. Gifts, grants, and […]
Main Content
Foundation Investment Performance
The FoundationMark Grantmaker Investment Value Index (“GIV Index”) fell 12.6% in the second quarter of 2022, down 16.5% in the first half.
Commentary
U.S. stocks fell 20% in the first half of 2022, international stocks suffered similar bleak performance. U.S. bonds provided no safe have as they fell over 10% in the first half driven by increased interest rates.
One-Year GIV Index Performance down 11.2%: Year-on-year returns for U.S equities were down 10.6% for the period ended June 30, 2022, and bond prices were down a similar amount.