Invest your fund to match your giving plans
Your fund is invested so it can grow while you decide where to give. You can choose from several options, and we work closely with our investment partners to oversee each with one with care.
Our investment options
Most endowed funds are invested in the Perpetual Pool, and most non-endowed funds in the Long-term Flexible Pool. Several other options are available too. Your Philanthropic Advisor is happy to help you weigh them.
Perpetual Pool
Designed so your charitable assets keep making a difference beyond your lifetime. The pool aims to support an annual spending rate of 4% plus fees while keeping pace with inflation. A substantial allocation to private investments is expected to boost returns and reduce volatility over the long term.
Best for: endowed funds and gifts meant to support the community for generations.
Long-term Flexible Pool
Balances long-term growth with the flexibility to grant when you are ready. It includes some private investments but holds more in liquid assets, so you can respond generously to community needs while your fund continues to grow.
Best for: funds you plan to grant from over time.
Long-term Flexible Pool fact sheet (PDF) →
Index Pools
For donors who believe low-cost index investing is the best strategy for their charitable assets. Choose from three mixes of stocks and bonds, 80/20, 60/40, or 40/60, each invested in both U.S. and global index funds.
Best for: donors who want a simple, liquid strategy
Socially Responsible Index Pool
Lets you express your values through your investments. The pool holds 70% in a Vanguard equity fund that avoids certain industries and 30% in a U.S. government bond fund.
Best for: donors who want their investment to reflect their social values
Money Market
Earns interest without exposure to the stock or bond markets.
Best for: money you plan to grant soon
Working with your own financial advisor?
Funds of $1 million or more may be managed by an approved outside investments advisor. Contact us at 804-330-7400 to learn more about our Individually Managed Fund program.
Information for professional advisors →
Careful oversight at every step
Our staff, guided by experienced volunteer Finance and Investment Committees and partnering with well-vetted investment partners, works to protect and grow your fund so resources are always available as community needs and opportunities emerge.
Our actively managed pools weigh responsible investing alongside traditional factors such as strategy, performance, and how each manager fits the portfolio.
Common Questions
Connect With An Expert
We’re here to help you make an impact. Let’s connect and explore the possibilities.