Investments & Financials
The Community Foundation for Greater New Haven is an organization designed to maintain Greater New Haven community’s philanthropic assets in perpetuity. Gifts placed into the endowment are invested, grants are made annually, and earnings continue to grow permanent community capital. Endowment management and fund stewardship are achieved through disciplined and integrated spending and investment policies. Investment performance is measured and assessed monthly, both on a manager-by-manager basis and cumulatively, through an external third party.
The Community Foundation’s record of excellent financial management and strong investment returns is an important element of how we serve donors and nonprofits and grow the community’s charitable capital. The Community Foundation’s assets grew to more than $430 Million as of December 31, 2013. The year-end annualized net investment return of The Community Foundation Inc. was 17.5% and since 1995 the return has been 8.9%, surpassing both its target benchmark and the performance of comparably-sized community foundations nationwide.
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