Investment of Funds
All funds established at BCF are managed as provided by the Investment Policy Statement approved by the Board of Trustees. The Investment Committee oversees the process and selects and monitors investment managers.
Created and managed as a long-term investment option, the BCF Pool is the default investment pool for endowed funds. It may also be an appropriate option for non-endowed funds with a time-horizon for grants that is longer than two years. Currently we are transitioning from active management to an indexed strategy for the BCF Pool.
The Money Market Pool is the default investment pool for non-endowed funds. This pool is best suited for funds with a time-horizon for grants of less than two years. Funds with a longer time-horizon may be invested in the BCF Pool.
BCF plans to deploy a portion of its invested assets in impact investments beginning in Q1 2018. Later in 2018 a new Impact Pool will be offered as an option for fundholders.
For more information:
Members of our Investment Committee:
Patricia P. Baum - The Baum Jackson Investment Group, Chair
George L. Bunting, Jr. - Blue Jar Private Trust Company
Cheryl Mickel - T. Rowe Price
Charles A. Morris - Greenhouse Funds
Arnold I. Richman - The Shelter Group
Matt Wyskiel - Skill Capital Management