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In 2015

Grants by Fund Type:
Donor Advised - $1,569,981
Named - $163,597
Field of Interest - $645,232
Scholarships - $105,118
General - $106,698
Org. Endowments - $277,896
Designated - $149,169

Russ Weyers
"The Racine Community Foundation is an excellent place where your gift is professionally managed for the long term benefit of you and the community."
- Russ Weyers
Racine Community Foundation
Target Asset Mix for Racine Community Foundation
Investment Allocations

Investment

 

Mix

Large Cap Stocks 38%
Small Cap Stocks 17%
International Stocks 10%
Alternative Investments 15%
Bonds 20%

 

Investment Returns (Net of Investment Fee)

Investment Returns Q4 2015 1 Yr 3 Yrs 5 Yrs
RCF Pool
(65% equities,
20% bonds and 15%
alternative investments)
3.36% .21% 9.51% 7.79%
Total Fund Policy 3.91% .57% 9.45% 8.02%
S&P 500 Index 7.04% 1.38% 15.13% 12.57%
Barclays Capital
Intermediate US Gov/Credit
-.69% 1.07% 1.10% 2.58%
Investment
Returns
2015 2014

2013

2012 2011
RCF Pool
(65% equities,
20% bonds & 15%
alt. investments)
.21% 6.11% 23.15% 11.64% -1.17%
Total Fund Policy .57% 7.52% 21.20% 12.42% -.13%

FOUNDATION INVESTMENTS

This long-term disciplined portfolio includes a diverse mix of equities, bonds and alternative investments. The goal of this pool is to generate highly competitive investment returns that support grant making, while ensuring that each fund's principal growth equals or exceeds the rate of inflation.

The assets within the Foundation are prudently managed and invested for optimum return in accordance with the written Investment Policy approved by the Board of Directors.

Investment Objective

The portfolio is designed to achieve a return of 8% annually that includes a 5% payout and 3% growth.

Investment Management

Under the oversight of the Racine Community Foundation's Investment Committee, Bogdahn Consulting, LLC provides investment consulting services, advising the committee on growth and diversification strategies and high-performing sectors, as well as monitoring the Community Foundation's investment pool to maintain its balanced investment approach.

Bogdahn Consulting, LLC provides oversight and evaluation of the Community Foundation's 14 money managers:

  • American Funds - Europacific Growth Fund
  • ASB Allegiance Real Estate Fund, LP
  • Baird Ultra Short Bond Fund
  • BlackRock Multi Asset Income
  • Broadview Advisors LLP
  • Cortina Asset Management
  • CRM Small/Mid Value
  • Diamond Hill Small/Mid Cap
  • Dodge & Cox Stock Fund
  • Fiduciary Management, Inc.
  • Grosvenor Capital Management
  • Harbor International
  • Hatteras Multi-Strategy TEI Institutional Fund, L.P.
  • McDonnell Investment Management
  • Mainstay Large Cap Growth Fund
  • PIMCO All Asset Fund
  • PRIMECAP Odyssey Growth Fund
  • Vanguard 500 Index
  • Vanguard Total Bond

The Investment Fee on the portfolio is 0.69% (69 basis points). The Racine Community Foundation's Investment Committee reviews investment performance and consultant recommendations, adjusting its investments to stay on top of emerging developments.