Our Stewardship

The Board of Directors of the Community Foundation of Burke County (CFBC) is focused on long-term investment strategies to ensure that charitable dollars entrusted to us will be available in perpetuity. CFBC works to maximize dollars available today so that distribution of resources can be invested in our community, as directed by endowment holders and the Board of Directors.

CFBC has worked to diversify asset allocation and set high performance standards for investment managers. The Board maintains a commitment to a total return investment philosophy, including a current 4.5% spending policy to ensure the ongoing viability of funds. Any investment return earned over the spending limit is added to principal, thus combating inflation, overcoming down markets, and growing endowments, all for the benefit of grantees.

Names of the Investment Committee, the Investment Managers and copies of the entire Investment Policy are available upon request.