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: Q2 2025
The Community Foundation’s Commingled Fund generated a net return of 6.2% in the second quarter, underperforming its Policy Benchmark by 2.2%. Private market positions (marked as of 3/31) were the primary relative detractor during the quarter.
The second quarter began with a sharp equity market selloff following the announcement of sweeping tariff policies by President Trump on April 2, referred to as “Liberation Day.” Investor concerns over supply chain disruptions and inflationary pressures weighed heavily on sentiment. However, markets rebounded as the rollout of reciprocal tariffs was paused and corporate earnings exceeded expectations (particularly for AI-related companies). Management teams across sectors expressed confidence in their ability to adapt, either by mitigating supply chain risks or passing costs on to consumers. READ MORE
