Each quarter we pull together the published results of the 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, 2020 | ||||||
|---|---|---|---|---|---|---|
| Quarter | YTD | 1-Year | 3-Year | 5-Year | 10-Year | |
| GIV Index | 9.3% | 12.5% | 12.5% | 8.5% | 9.4% | 7.6% |
| Northern Trust | 9.7 | 11.9 | 11.9 | 8.2 | 9.4 | N/A |
| BNY Mellon | 9.7 | 11.1 | 11.1 | N/A | 8.9 | 7.5 |
| 60/40 Mix* | 7.5 | 14.7 | 14.7 | 11.0 | 11.1 | 10.0 |
| The 60/40 Mix is 60% S&P 500 Total Return / 40% Bloomberg Barclays U.S. Aggregate Index 3-Year, 5-Year, and 10-Year returns are annualized. Note: BNY Mellon doesn't publish 3 -Year performance numbers, nor does Northern Trust publish 10-Year returns. |
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Source
FoundationMark Grantmaker Investment Value Index (“GIV”) (here)
Source
Northern Trust Foundation and Endowment Universe (here)
The Northern Trust Universe tracks the performance of 388 institutions which subscribe to performance measurement services as part of Northern Trust’s asset servicing offerings and hold more than $100 million in assets. These institutions have a combined asset value of approximately $1.4 trillion.
Source
BNY Mellon U.S. Master Trust Universe (here)
The BNY Mellon U.S. Master Trust Universe offers peer comparisons of performance by plan type and size. It consists of 483 corporate, foundation, endowment, public, Taft-Hartley, and health care plans with a total market value of more than $2.4 trillion and an average plan size of over $8.0 billion .