The Community Foundation of North Florida provides investment expertise to fundholders by engaging professional and local investment advisors, developing investment and spending policies and monitoring investment performance. The Community Foundation seeks investment returns that are sufficient to preserve grantmaking power of its endowments. In pursing this objective, the Community Foundation strives to achieve total returns that, over time, are better than the relevant market averages, while maintaining acceptable levels of risk.
The Community Foundation partners with Commonfund to achieve long-term investment goals. Commonfund was founded in 1971 as an independent asset management firm focused on not-for-profit institutions. Commonfund is one of North America’s leading investment firms for education endowments, foundations, and philanthropic organizations. Its only business is investment management, and Commonfund is active in all sectors of the global capital markets, both public and private, serving a broad spectrum of investors, including nonprofit organizations, healthcare organizations, family offices and pension plans.