The goal of the Community Foundation for Palm Beach and Martin Counties is to ensure that the charitable dollars entrusted to us are available to the community forever.
Our dedication to fiscal responsibility, transparency and careful stewardship of donor contributions has resulted in our being entrusted with more than 300 funds and $170 million in assets.
Since our inception in 1972, the Community Foundation has awarded more than $150 million in grants and scholarships.
All of our charitable funds are managed for utmost efficiency and effectiveness, balancing short- and long-term goals, in accordance with their specific missions.
The responsibility for managing the Foundation’s investment portfolio is vested in our board of directors through its Investment Committee. This committee works closely with staff and the independent consulting firm Morgan Stanley to establish investment policy, implement asset allocation, set benchmarks and monitor the individual investment managers and their performance on a quarterly basis. The use of a spending policy ensures our charitable funds are protected for the future while having the most impact today.
The board also has an Audit Committee that works with the Foundation’s management and staff to ensure rigorous financial controls and high administrative standards.
Our donors have the option of selecting from a variety of investment options: