Who Tracks the Stock Market? There are many different groups that track stock market performance. The best known are the Dow Jones Industrial Average and the S & P 500 Index. Of course these two are U.S.-centric. When looking overseas, you are more likely to hear about the FTSE 100 or Nikkei Average, or multi country indices provided by MSCI. Of course, these are … [Read more...] about A Look at Groups Who Measure Investment Performance
Autumn is back to school season, and while many people think about tailgating at football games, there is another competition that takes place, colleges begin reporting their investment returns. While FoundationAdvocate's ("FA") focus is the private foundation universe, we are keenly interested in their nonprofit cousins, college endowments. Unlike most foundations, colleges … [Read more...] about College Endowments are Starting to Report Fiscal 2019 Returns
Every month, Foundation Advocate chooses one topic relating to foundation investment performance to highlight. This month we took a look at how international stock allocations have likely held back foundation performance. 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 … [Read more...] about How Are Foundation’s Doing? May 2019 Topic: International a Drag
Every month, Foundation Advocate chooses one aspect of foundation investment performance to highlight. This month we ask a very fundamental question, Who Should We Compare Ourselves To? Before answering this seemingly straightforward question about performance, it might be useful to establish a quick framework to place performance into context. Rather than lead with … [Read more...] about How are Foundations Doing? April 2019 Topic: Who Should We Compare Ourselves To?
The Math is SimplePrivate foundations have $1 trillion in assets. An incremental 1% return on investment would yield an additional $10 billion....per year...every year.To put that in perspective, the additional $10 billion would equal the annual charitable support provided by 12 Ford Foundations, 36 Rockefellers, or 45 Carnegies - you get the picture. Better returns of just 1% … [Read more...] about 1% Better Investment Performance – Implication for Charitable Giving