Investing for maximum impact
We invest the assets entrusted to us according to best practices and rigorous standards, with a goal of long-term growth and sustainability. Our Investment Committee, made up of knowledgeable professionals who volunteer their time, oversees and advises our Board of Trustees on policies for investing the funds and endowments of the Community Foundation. AGW Capital Advisors has been the Foundation’s investment managers since 2010.
Investment Performance Overview*
|Previous 12 months||Previous 3 years||Since founding in 1990|
* As of June 30, 2021
How we invest
Funds at the Community Foundation of Tampa Bay have the benefit of being part of a large institutional investment pool, which allows broad diversification and cost-effective management. Assets of the Community Foundation are invested in three primary pools: Long-term, Intermediate-Term and Short-Term. Our overall goal is to enhance results over the long-term in a variety of market conditions.
The long-term strategy is designed to capture significant potential growth with a large portion of overall assets, even if there is substantial short-term volatility or even losses. Almost 94 percent of our pooled assets are invested in the long-term strategy, based on a desire for perpetual growth.
The intermediate-term strategy is designed to strike a balance between being positioned for growth while not being exposed to substantial value-eroding risk. Just over 1 percent of our pooled assets are invested in the intermediate-term strategy, primarily to meet shorter term goals of the donor.
The short-term strategy is designed to primarily preserve capital, with minimal risk for a slightly enhanced return. About 5 percent of our pooled assets are invested in the short-term strategy, primarily to meet more immediate philanthropic needs.