Winter 2020
Asset Allocation Doesn’t Change Much Even in Crises
The chart above shows that foundation asset allocation hasn't varied much year to year. Two long term trends have been a reduction in cash and fixed income holdings and an increase in "Investments - Other". The category "Investments - Other" is a specific line on the foundation's annual filing. The underlying assets may include alternative assets such as private equity and … [Read more...] about Asset Allocation Doesn’t Change Much Even in Crises
Fourth Quarter 2019 Performance Round-Up
Each quarter we pull together the published results of three leading measures of foundation performance, the FoundationMark GIV Index, the Northern Trust Foundation and Endowment Universe, and the foundation subgroup of the BNY Mellon U.S. Master Trust Universe. The results are shown in the table and graph below. Periods ended December 31, 2019 … [Read more...] about Fourth Quarter 2019 Performance Round-Up
Everything was Great, Until it Wasn’t
The FoundationMark GIV Index estimates that foundations clocked average performance of 18.8% in 2019, the highest in the past 10 years. Foundation assets topped $1.1 trillion according to our estimates and giving grew over 6%, marking a decade long boom in charitable support. The coronavirus outbreak changed everything. As market turmoil continues, commentary is outdated as … [Read more...] about Everything was Great, Until it Wasn’t