March 2019
Foundations and Endowments: Cousins, not Twins
Similar Yet Distinct Many people think of foundations and endowments as interchangeable entities, and for good reason, as they have a fair amount in common. But if you peel back even the first layer of the onion, you will see structural differences between the two that can have important implications on their investment strategies. To be clear, we are discussing … [Read more...] about Foundations and Endowments: Cousins, not Twins
5 Yr Performance by State
Maine and Vermont Lead the Pack As the map and table below shows, Maine and Vermont led all sates, while North Carolina and North Dakota trailed. It bears noting that North Carolina foundations reported the highest disclosed investment expenses. … [Read more...] about 5 Yr Performance by State
1-Yr Performance by State
New England Leads the Pack Investment performance data provided by FoundationMark. As the chart above and table below show, 4 of the the top 5 performing states in for the year ended December 2017 were in New England - Rhode Island, Maine, Vermont, and Connecticut, with Pennsylvania rounding out the top 5. Foundations in Idaho, Louisiana, and Mississippi had the lowest … [Read more...] about 1-Yr Performance by State