A message from Chris Andersen, President and Executive Director of the Lutheran Community Foundation
During this time of economic uncertainty and market volatility, donors as well as benefiting charities may be concerned about the impact of current events on the underlying investments at the Lutheran Community Foundation. We believe that the lessons of strong stewardship and long-term commitment serve as important reminders as we work to make our way through current market volatility.
The Foundation's investment strategy is constructed to weather such times as these, with significant allocations to inflation and deflation hedges, a focus on rebalancing, and investment with skilled managers, all of which should help protect the portfolio. With this in mind, the fundamentals of investing remain intact:
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Diversification and long-term commitment are key to long-term investment rewards. Foundation assets are diversified among nine asset classes and 25 no-load institutional class pooled investments. (View the Foundation's portfolio allocation.)
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Quality investments and portfolio manager experience are critical to investment success. Cambridge Associates, a national leading investment advisor to nonprofits, continues to assist the Foundation in obtaining the highest investment return possible over the long-term.
We believe that this strategy offers the best opportunity for maximum sustained support to the organizations that benefit from charitable funds of the Foundation.
Since its founding in 1995, the Foundation has built a proven record of sound stewardship -- a commitment that has earned the Foundation Charity Navigator's top rating for sound fiscal management for three consecutive years. Through sound stewardship of donor gifts and commitment to the fundamentals of investing, we will continue to serve our donors and our community as we work to achieve our vision of effective, positive and lasting change throughout our community.