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Investment Pool |
Donors establishing funds at Gulf Coast Community Foundation of Venice are invited to participate in the Foundation's investment pool in which the bulk of the Foundation's assets are held. This page explains the Foundation's investment goals, spending policy, and outlines the asset allocation. For more information about how the fund you establish at Gulf Coast Community Foundation of Venice would be invested, please contact the Donor Services Team at 941.486.4600. |
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Local Investment Management Services
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Donors establishing funds at Gulf Coast Community Foundation of Venice may do so through their local financial advisor. Their advisor can then continue to manage the assets referred to the Foundation, while following the Foundation's investment policy guidelines.
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The goal of the Investment Policy is to preserve the portfolio's capital and maximize investment earnings in excess of inflation within acceptable levels of capital market volatility. This objective will be achieved through a sound investment strategy considering the critical need to maintain a long-term time horizon when making investment decisions while being sensitive to the portfolio's spending requirements.
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The purpose of the Foundation is to provide a perpetual source of income to various organizations in the communities we serve. The Foundation's spending policy has been designed with three objectives in mind:
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- Provide a predictable, stable stream of revenue;
- Ensure that the purchasing power or real value of this revenue stream does not decline over time; and
- Ensure that the purchasing power or real value of the Endowment's assets grows over time.
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| The Foundation/Endowment has established a long-term spending rate cap of four percent of the average of the 12 quarters of the Endowment's market value. The Investment Committee will examine the policy year-to-year to make sure it is meeting the requirements of the Foundation. |
Donor advised funds do not necessarily need to follow the above-referenced spending policy. The fund may make distributions from principal, even to exhaustion. |
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The committee, with the help of its consultant(s), shall determine the strategic long-term asset allocation strategy. The committee will manage the asset allocation mix as determined by the asset allocation ranges and this Investment Policy.
To implement this strategy, the committee will implement an asset allocation discipline that will diversify investments among asset classes and that is designed to meet the rate of return objective over a complete market cycle.
The asset allocation mix utilized by the committee will fall under the following ranges: |
| Asset Class |
Strategic Target |
Allocation Range |
| Domestic Equity |
50% |
40% - 60% |
| International Equity |
20% |
15% - 25% |
| Fixed Income |
20% |
10% - 30% |
| Alternative Investments |
10% |
0% - 10% |
| Cash |
0% |
0% - 5% |
| Total |
100% |
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For more information, please call Donor Services at 941.486.4600.
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