Investment Performance and Pools

As the fiduciary for charitable funds, the foundation is responsible for ensuring that an investment strategy aligns with the charitable purposes and philanthropic goals of a fund. To enhance efficiency and reduce the cost of operations, contributions to funds are pooled with donations from other donors for investment management and administrative purposes. Upon creating a fund, the foundation assigns it to one of the following pools:

• Permanent Pool: invested for long-term growth and appreciation across multiple investment managers. The current target asset allocation of this pool is 50 percent equities, 20 percent fixed-income and 30 percent alternative investment strategies. View this pool's investment policy. View this pool’s July 2010 performance report or archived reports.
  
  The California Community Foundation works with a diverse group of investment managers to create a diversified investment pool. View a list of traditional investments and hedge fund manager. Investment manager inquiries should be directed to Yvonne Dennis at (213) 413-4130.
• Short-Term Liquidity Pool: designed for funds with short-term purposes or goals. Its holdings include money market, commercial paper and short-term bonds with a goal of principal preservation and income generation. View this pool's investment policy. View this pool's July 2010 performance report or archived reports.
• Socially-Responsible Pool: invested in mutual funds providing for multiple social screens and a long-term investment objective, with an asset allocation of approximately 70 percent equities and 30 percent fixed-income investments. View this pool’s 2010 second quarter performance report or archived reports.

Read our Investment Pool Fact Sheet.

For more information, contact foundation Controller Carolyn Steffen at (213) 413-4130.