The TCF Board's Investment Committee recommends all modifications to the Statement of Investment Policy, sets market-driven performance benchmarks, and monitors all practices and performance of the underlying investment.
The TCF Board of Directors annually appoints an Investment Committee consisting of at least five (5) members, not necessarily from the its own membership, which shall be responsible for complete oversight and implementation of the strategies, models and managers for the investment of the charitable assets entrusted to The Corporation. In concert with the professional staff, the Investment Committee may engage consultants as necessary or desirable to discharge its duties, and shall report such results, activities and actions to the Board of Directors, the donors and the general public via The Community Foundation’s website, at regular intervals.
Currently, the Investment Committee consists of four(4) current or former members of The Community Foundation’s Board of Directors and two (2) independent investment experts selected by the committee’s membership.
Investment Commentary: Q1 2023
During the first quarter of 2023, many of the same headlines and issues experienced over the past year continued to dominate the markets. Inflation, the Federal Reserve, and geopolitics all remained hot-button issues. After a relatively sanguine start to the first two months of the year, the aphorism “gradually then suddenly” seemed to define much of March, as markets returned to the volatility that punctuated 2022. READ MORE
