Finances

Investment Information

The Blue Mountain Community Foundation currently has over $20 million under management. All funds are professionally managed by our Investment Committee, in consultation with our investment consultant. Investment consulting services are provided to the Foundation by Fund Evaluation Group. FEG is registered as an Investment Advisor with the Securities and Exchange Commission and has provided investment consulting services to the Foundation since 2005. The Foundation has an additional endowed pool that is professionally managed by Baker Boyer Bank Investment Management and Trust Services.

The endowment is invested to balance the objectives of long-term capital appreciation and present income. It is typically invested 45% in U.S. equity securities, 15% in international equities, 20% in fixed income securities and 15% in alternative investments and 5% in real estate.

If you wish to obtain further information, please contact our office. An investment summary may be downloaded for both endowed pools, by clicking on Pool I or Pool II. A disclosure statement regarding the investment funds is also available.

Audit Report

The Blue Mountain Community Foundation has an independent financial audit performed annually. Audits for the current and prior year are available for review. Please contact us. Our financial statements are currently audited by Cordell, Neher & Company, PLLC of Wenatchee, Washington.

The Foundation does submit its IRS Form 990 on a timely basis. The most current IRS Form 990, or any other IRS filing such as IRS Form 990-T that BMCF might file, is available for review. To request a copy, contact us.