Investment Oversight

About our financials

Responsible Investments for a Stronger Tomorrow

In adhering to prudent business practices as recommended by the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and to the benefit of all endowed and managed fund holders, the Davie Community Foundation’s philanthropic capital is professionally managed under consultation and advisement with Woodard & Company and overseen by our Board of Directors and Investment Committee.

Objectives

• Stability of principal
• High current income
• Current income with potential growth of income and capital
• Maximum total return from capital appreciation and income
• Maximum capital appreciation

Performance

Donors receive annual statements detailing the balance of their short-term or endowed funds, including contributions, grants and investment activity for the fiscal year-to-date. The Davie Community Foundation’s fiscal year is January 1 to December 31.

Professional Advisors and donors may always contact the Davie Community Foundation directly for specific performance inquiries.