Investment Update - March 13, 2020
Mar. 13, 2020
As you are aware, the investment markets are increasingly volatile in response to COVID-19. The Community Foundation Investment Committee, with the assistance of our investment consultants Pavilion, a Mercer Practice, are closely monitoring the markets and the Community Foundation’s portfolios. We also continue to communicate with our various Charitable Investment Partners. While we can’t predict what will happen over the next few months, we have confidence in our investment policies and procedures. Our investment policy and asset allocation have been structured with a long-term objective, and we believe by being disciplined in our practices, our portfolios will survive this turbulent market. We will continue to be responsible stewards of the money with which we have been entrusted. Please be assured that our Community Foundation team has a Continuity of Operations Plan in place and will continue to lead and serve the needs in our community into the future.