Investment
Investment Management
Investment Philosophy
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
Investment Responsibility
Our investment committee hires investment managers or utilizes index funds. 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 United Capital Financial Advisors, determines asset allocation between equities and fixed income and remains disciplined in emphasizing diversification of assets, quality investments and a long-term perspective.
Our Committee
- Dr. Russell Evans, Chair
- Mike Collison
- Shelley Maxted
- Dr. James Ma
- Dr. Ken Miller
- David Stanley
- Chuck Wiggin
- Glenn Coffee
- Steven C. Davis, Ex Officio
- Paul Dudman, Ex Officio
- Mark Funke, Ex Officio
- Kirk Hall, Ex Officio
- Christian Keesee, Ex Officio
How Are Our Funds Invested?
Oklahoma City Community Foundation invests your funds within our investment pool. Both active managers and index funds are managed 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.
Gift funds, while also invested, are fully distributable at any time.
How Are Our Funds Distributed?
Our prudent spending policy is designed to allow our endowed funds to capitalize on good investment years, as well as protect the value of the fund in low or negative return markets. The majority of permanent endowment funds we administer receive annual distributions of 5 percent of the fund’s average market value for the previous 12 quarters as of March 31. The remaining investment return adds value to the corpus of the fund, protecting from inflation and creating a more predictable and stable annual distribution. Our non-endowed funds enjoy the benefits of the same investment pool but are fully expendable to a qualified nonprofit at any time.
