For Donors: Investment Summary

Investment Summary

The primary investment objective of the Greater Everett Community Foundation is to preserve the real value (inflation adjusted) of current assets and future gifts. Because the Foundation expects to operate in perpetuity, wise stewardship of the funds entrusted to it is essential to the Foundation’s mission.

The Foundation manages its endowed and operational assets, as well as custodial funds, according to guidelines established by the Board of Directors and Finance Committee. Our allocation policy is designed to provide an optimal asset mix for the portfolio, emphasis diversification in order to lower risk and maximize “total return”.

	Row Title	Lower Limit	Strategic Allocation
Domestic Large-Cap Equity Blend	5%	10%	15%
Domestic Large-Cap Equity Growth	5%	10%	15%
Domestic Large-Cap Equity Value	5%	10%	15%
Mid-Cap Equity	5%	10%	15%
Small-Cap Equity	5%	10%	15%
International Equity	5%	10%	15%
Intermediate-term Fixed Income	30%	35%	40%
Cash Equivalent	0%	5%	10%

The Foundation's investment goal is to earn through a combination of appreciation and income an annual return of at least 7-9%. Our rate of return in 2006 was 11.24%. Since our inception our average annual rate of return is 9.33%.

Moss Adams Wealth Advisors function as our investment consultants to provide oversight, guidance, design and implementation of the Greater Everett Community Foundation portfolio. The Foundation pays a fee of 1% that covers all investment expenses. Apart from the managers listed to the right, the Foundation also utilizes local banks for certificates of deposit.