Our investment policy is carefully guided and directed by our Board of Directors to assist the Greater Lynchburg Community Foundation in more effectively supervising and monitoring the investment and reinvestment of its assets, and to provide guidance to the investment managers of those assets.
At a minimum, the GLCF expects to achieve a total return that covers its spending requirements, while at the same time achieving in the long term the highest total return possible.
Each investment manager is expected to invest available funds with care, skill, prudence, and diligence. The current asset allocation policy of the GLCF is as follows:
- Equities: 55% - 70%
- Fixed Income: 20% - 40%
- Alternative Investment: 0% - 5%
- Cash: 0% -20%