Blue Mountain Community Foundation currently has over $34 million in assets. All funds are invested under the leadership of our Investment Committee, in consultation with our investment consultant, Fund Evaluation Group (FEG). FEG is registered as an Investment Advisor with the Securities and Exchange Commission and has provided investment consulting services to the Foundation since 2005.
In addition to the main Long-Term Pool, Pool I, the Foundation has a Long-Term Pool (Pool II) that is professionally managed by Baker Boyer Bank Investment Management and Trust Services, as well as Pool III at Edward Jones Investments. Pool II and III fall under the Foundation’s Investment Partnership Program.
The objective of the Long-Term Pools is to preserve asset size in real terms, and by doing so, provide the same level of support (grants) in real dollars to future generations that current beneficiaries enjoy. The current long-term targets in the Foundation’s Investment Policy are 65 percent in global equity, 10 percent in fixed income, 10 percent in real assets, and 15 percent in diversifying strategies.
If you wish to obtain further information, please contact our office. A recent investment summary may be downloaded for both Long-Term Pools here.