Our Investment Philosophy
The Rockland Community Foundation takes seriously its stewardship responsibility as a manager of many different kinds of donor funds. It recognizes that each donation - no matter the size - reflects an implicit trust in the Community Foundation's ability to invest resources wisely and use the income produced, and in some cases the fund's principal, in accordance with the donor’s charitable wishes.
The responsibility for managing the Rockland Community Foundation's investment portfolio is vested in the Foundation's Board of Directors. This Board works closely with professional staff and the Community Foundation's investment advisors to set policy, establish performance benchmarks and continually monitor the performance of the Community Foundation's portfolio according to these policies and benchmarks.The Rockland Community Foundation's investment philosophy reflects three fiscal objectives:
- Preserve capital
- Earn competitive total returns within risk tolerances established by the Foundation
- Preserve purchasing power by striving for long-term returns, which either match or exceed the annual grant distribution requirement, fees and inflation
