The TCF Board's Investment Committee recommends all modifications to the Statement of Investment Policy, sets market-driven performance benchmarks, and monitors all practices and performance of the underlying investment.
The TCF Board of Directors annually appoints an Investment Committee consisting of at least five (5) members, not necessarily from the its own membership, which shall be responsible for complete oversight and implementation of the strategies, models and managers for the investment of the charitable assets entrusted to The Corporation. In concert with the professional staff, the Investment Committee may engage consultants as necessary or desirable to discharge its duties, and shall report such results, activities and actions to the Board of Directors, the donors and the general public via The Community Foundation’s website, at regular intervals.
Currently, the Investment Committee consists of four(4) current or former members of The Community Foundation’s Board of Directors and two (2) independent investment experts selected by the committee’s membership.
Investment Commentary: Q4 2025
The Community Foundation’s Corporate Commingled Fund posted a quarterly net return of 2.9% in the fourth quarter, which was roughly in line with its Policy Benchmark.
Global markets ended 2025 on a strong footing despite early-year volatility driven by tariffs and trade policy uncertainty. U.S. equities advanced about 18%, supported by optimism surrounding artificial intelligence and the Federal Reserve’s decision to resume its easing cycle with 75 basis points of rate cuts. While valuations remain elevated, robust earnings growth, particularly among AI-driven companies, helped justify premium pricing. Market leadership, however, remained narrow, with the top 10 stocks accounting for a record 40% of the S&P 500 Index’s weight, underscoring the importance of diversification in an increasingly concentrated environment. READ MORE
