Investment Policy and Financials

When you establish a fund with the Foundation, you're placing your philanthropy in experienced hands. We are committed to managing charitable assets with care, transparency, and discipline, helping ensure your gift can support the causes you care about today and in the future.

Our investment and payout policies are designed to balance responsible growth with sustainable granting, so funds can continue making an impact while preserving their value over time.

The Foundation's investment approach is guided by three priorities: preservation of capital, liquidity, and growth.

The primary investment objective is to achieve a long-term return equal to the annual increase in the Consumer Price Index (CPI) plus 3.5%, net of investment management fees. This objective is designed to help preserve the purchasing power of endowed funds over time while supporting annual granting.

Foundation assets are pooled and professionally managed by Russell Investments, a global investment firm with more than $100 billion CAD in outsourced assets under management.

The Foundation's Investment Committee provides oversight of the Foundation's investment strategy and policies to help ensure funds are managed responsibly and in alignment with long-term objectives.

The Committee meets quarterly with the fund manager to review performance, asset allocation, and market conditions. It also reviews the Foundation's payout policy every two years to ensure it remains aligned with investment performance and prudent stewardship practices.