The Community Foundation for Nantucket takes seriously its stewardship responsibility as a manager of many different kinds of donor funds. We recognize that each donation, no matter the size, reflects an implicit trust in our ability to invest resources wisely and use the income produced, and in some cases the fund’s principal, in accordance with the donor’s charitable wishes.
Fund Investment Philosophy
The responsibility for managing CFN’s investment portfolio is vested in the Board of Trustees. We work closely with professional staff and our investment advisors to set investment policy, establish performance benchmarks and continually monitor the performance of the Foundation’s portfolio against these policies and benchmarks. Our investment philosophy reflects three fiscal objectives:
- Preserve capital.
- Earn competitive total returns within risk tolerances established by the Foundation.
- Preserve purchasing power by striving for long-term returns, which either match or exceed the annual grant distribution requirement, fees and inflation while charging a nominal fee for administering Funds. Investment Fee schedule 2018 (PDF)
Recent Investment Performance