Finance and Investment Committee Oversight
Members of the Community Foundation’s Finance and Investment Committee have extensive experience in business, investments, and financial services. The committee sets the investment strategy, hires outside professional managers, and monitors investment performance against industry benchmarks.
The Foundation’s assets are managed by investment managers who are retained for their proven long-term investment results and expertise in specific asset classes or market sectors. The investment results of each individual manager are regularly monitored by the Finance and Investment Committee.
Financial Information
As a public charity, the Community Foundation takes seriously its stewardship role. Our federal tax returns and audited financial statements are available below, or you may contact us to receive print copies.
- Download 2023 Form 990
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Download 2023 Financial Statements
- Download 2022 Form 990
- Download 2022 Financial Statements
- Download 2021 Form 990
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Download 2021 Financial Statements
- Download 2020 Form 990
- Download 2020 Financial Statements
Investment Overview
The Foundation manages more than 450 individual charitable funds which are pooled together and invested with the goal of preserving and increasing the value of these assets over time.
Investment Advisor
The Community Foundation benefits from the expert counsel of  Prime Buchholz. Prime Buchholz works with the Finance and Investment Committee to monitor the investment performance of individual managers and provides advice on investment strategy, asset allocation, and manager selection. Prime Buchholz primarily works with not-for-profits, and provides investment advice to a number of other community foundations across the country.
Investment Strategy
The Community Foundation’s investment strategy calls for a portfolio that is diversified across U.S. domestic and global asset classes. A diversified portfolio reduces the impact of individual market volatility and helps to control risk. In addition, the Foundation uses multiple investment managers in some asset classes, a diversification technique that further reduces risk.
Fund Growth Calculator
See how your investment can grow over time.
The Community Foundation for the Greater Capital Region exists to support our community for generations to come. Through the power of endowed funds and gifts to endowed funds, gifts can continue growing and increasing their impact in perpetuity.
This calculator assumes an annual rate of return of 7%, a grant expenditure of 4% of the average fund value over the most recent five years, and reinvestment of the remainder. This calculator is meant to illustrate the value and power of an endowed fund over time; actual results may vary. Variations may occur based on fund creation date, timing and quantity of annual grants, additional gifts to the fund, or other variables.
Investment Summary –Year End 2024
*Current year to date.