News and Analysis of Foundation Investment Performance

Main Content

Foundation Investment Performance

The FoundationMark Grantmaker Investment Value Index (“GIV Index”) fell 0.4% in the third quarter of 2021, bringing the year-to-date gain to 8.6% through September 30, 2021.

Commentary

All major indexes were basically flat during the third quarter. U.S. and developed market equities returned +/- less than 1% and bonds barely budged.

One-Year GIV Index Performance Up 18.4%:  Year on year returns for U.S equities were 30% for the period ended September 30, 2021, while bonds fell modestly.

Autumn 2021 Newsletter

Holdings Disclosure: Who Owns What? And Who is not Saying

Disclosure Spectrum Foundations are required to report the fair market value of their assets every year. The IRS further requires foundations to list their holdings by asset class on their balance sheet and provide schedules of their holdings, however, foundations interpretations of “additional detail” can vary enormously. Some foundations provide extensive lists of individual security […]