The Trillion Dollar Milestone Over the past several years, US foundation assets have been steadily climbing. The combination of strong financial markets and substantial gifts over the past five years propelled total assets of US foundations to just over $1 trillion in fiscal 2017, breaking the trillion dollar mark for the first time ever. More importantly, grant … [Read more...] about US Foundations Assets Hit $1 Trillion for the First Time!
Overall Ranking by State Total Assets10th5-Yr Asset Growth20thInvestment Performance27th Asset Development Since 2013 Michigan foundations assets have increased by $5.9 billion from $19.0 billion to $24.9 billion.Michigan's growth rate (blue hashed line) of 5.6% was a little faster than the overall foundation universe (yellow hashed line) of … [Read more...] about State Overview: Michigan
Why Haven't Foundations Done Better in this 10 Year Bull Market? Following the financial crisis, the US stock market has been on a pretty great 10-year run with only a few hiccups. The S&P 500's annualized return for the decade ending December 31st, 2018 was 13.1%. How have foundations fared over the same time frame? Not nearly as well, the preliminary 10 year estimate … [Read more...] about How Are Foundation’s Doing? May 2019 Dispatch
Risk & Return: Yale's Long Term Expectations By Asset Class Yale's endowment report is an incredible resource for investors. One reason it should be required reading for trustees is the excellent discussion on asset classes. In the report, Yale discloses it's long term real-return expectations by asset class (we added 2% across the board to reflect inflation). The … [Read more...] about Risk & Return: No Free Lunch
From time to time, we come across articles that we think are interesting and worth sharing. We are always on the lookout for more resources, so if you see interesting articles about foundation investments, please pass them along. Council on Foundations: 10 Things Every New Foundation Board Member Should Know Your Sharpe Ratio Is Low For The Same Reason You're Bad At … [Read more...] about External Trustee Links