Why Work With the International Community Foundation?

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Guide to International Charitable Giving

How is the money invested for an endowed fund?

Endowments are invested in accordance with the International Community Foundation’s investment policy which is available upon request. The endowment is invested to provide growth of assets for the funding of future projects and nonprofits of the International Community Foundation. Funds are invested in a balance of equity and fixed income instruments. The portfolio maintains a long-term strategic asset allocation policy designed for optimum risk adjusted returns.

What does the International Community Foundation do with money for non-endowment funds?

The foundation provides a high-level of liquidity for all non-endowed funds that are short-term. Funds may be invested in non-interest bearing or interest-bearing bank accounts, money market funds, certificates of deposit (CDs), U.S. Treasury Bills and other secure short-term investments yielding reasonable rates of return. For all non-endowed funds under management at the foundation the focus is on capital preservation while maximizing liquidity.

Does the donor have any say in how funds are invested?

No. By law, donors may not exercise control over where money is invested. Assets held in both the foundation’s non-endowment and endowment funds will be invested per the International Community Foundation investment policy.

Can donors support family members even if it is for charitable purposes?

No. Donors may not support family members through donor advised funds, nor can a donor make grants to individuals.

Can donors make charitable expenses, including hiring outside consultants or advisors, through their donor-advised fund to help further their charitable giving objectives?

No, pursuant to the 2006 Pension Protection Act it is not permissible to make charitable expenses of any kind through a donor advised fund.

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