Our four major objectives:
- Capital preservation
- Inflation protection
- Continuing source of annual distribution for charitable purposes
- Investment return in the top third of professionally managed funds
- Investment Policy and Guidelines
Responsibility for investment policy and manager selection rests with our investment committee, which includes Trustees, former Trustees and community leaders with strong investment expertise who volunteer their time and knowledge.
Our investment committee hires investment managers for each particular investment style. We use three active managers; two for equities and one for fixed income investments. In addition, we utilize a number of passive funds in particular asset classes.
The investment committee, along with investment counsel from Goldman Sachs, determines asset allocation between equities and fixed income and remains disciplined in emphasizing diversification of assets, quality investments and a long-term perspective.
The committee for Fiscal Year 2024:
- Shelley Maxted, Chair
- Mike Collison
- Dr. Russell Evans
- James Ma
- Dr. Ken Miller
- David Stanley
- Charles Wiggin
- Steven C. Davis, Ex Officio
- Paul Dudman, Ex Officio
- Mark Funke, Ex Officio
- Kirkland Hall, Ex Officio
- Christian Keesee, Ex Officio
How Are Our Endowment Funds Invested?
The majority of assets that we manage are pooled with other Oklahoma City Community Foundation funds and invested by both active managers and index funds to add value while keeping the cost low. Historically, our investment fees are less than 15 basis points (15/100 of 1 percent), which is much less than the typical fee for managed funds or mutual funds.
For advised funds and affiliated funds with a balance of $250,000 or more, one additional investment options is available: 100 percent equity pool. This option has greater equity exposure compared to the general investment pool.
How Are Our Endowment Funds Distributed?
Investment Performance Results
10-Year Performance History
Current Fiscal: July 1, 2023 – September 30, 2023.
FY2023 Example: July 1, 2022 – June 30, 2023.
» Benchmark: Equity performance is compared to the Russell 3000 stock index and the MSCI ACWI exUS International equity index; fixed income performance is compared to the Barclays Capital Government/Credit Intermediate bond index (Barclays Capital G/C/Int), and total return is compared to a composite of these three indices.