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Donor Option Pools

You may wish to grow your nonendowed fund to meet your grant making time horizon of somewhere between short-term and permanently endowed. For large nonendowed funds, $250,000 or more in assets, you have the option of suggesting an asset allocation strategy for your fund. The Community Foundation will implement your suggested strategy by investing in Vanguard mutual funds.

You benefit from the fiduciary oversight of The Community Foundation’s Investment Committee, and Foundation staff will rebalance your fund annually. Importantly, you also benefit from a preferred fee structure at Vanguard because your assets are pooled with other donor funds that have made the same suggestion, increasing the size of our overall relationship with Vanguard. This option is available for nonendowed funds of $250,000 of more. Foundation policy requires a minimum of 10% of your fund be invested in the Foundation’s Short-Term Cash Pool. For more information:

  • Our investment policy for Donor Investment Options provides a full explanation of your options
  • Donor Option Pools are listed below, with links to Vanguard where you will find details and historical returns for each investment fund
  • Click here for a Donor Options Suggestion Form. Email or fax the form to John Zell or Grace Sacerdote, CPA at jzell@jaxcf.org or gsacerdote@jaxcf.org

Investment Options

Growth and Income Pool Vanguard Growth and Income Fund Admiral Shares (Fund #593) This all-stock fund seeks a total return (dividend income plus capital appreciation) exceeding that of the S&P 500 Index.
S & P 500 Index Pool Vanguard 500 Index Fund Signal Shares (Fund #1340) This large cap stock fund seeks to track the investment returns of the S&P 500 Index.
Balanced Pool Vanguard Balanced Index Fund Signal Shares (Fund #1348) The fund invests roughly 60% in stocks and 40% in bonds by tracking two indexes that represent broad barometers for the U.S. equity (MSCI US Broad Market index) and U.S. taxable bond (Barclays Capital U.S. Aggregate Float Adjusted Index) markets.
Income Pool Vanguard Intermediate-Term Treasury Fund Admiral Shares (Fund #535) This fund seeks current income by investing primarily in direct government obligations, such as U.S. Treasury bonds and other securities backed by the U.S. government, with an average maturity of 5 to 10 years.
International Pool Vanguard Total International Stock Index Fund (Fund #1769) This fund of funds seeks to match the risks of the Total International Composite Index and the Select Emerging Markets Index. The underlying funds include Vanguard European Stock Index Fund, Vanguard Pacific Stock Index Fund, and Vanguard Emerging Markets Index Fund.

 

 

 

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