Fund Investment Strategy
Communities Foundation of Texas’ investment strategies are designed for different levels of risk tolerance and time horizons, so that each donor can meet his or her unique philanthropic objectives.
CFT offers a short-term money market fund and three investment funds consisting of a broadly diversified mix of active and passively managed assets. If a donor-advised fund established at CFT has an asset balance of more than $1 million, the donor may request an external manager, subject to CFT’s Investment committee approval.
Non-endowment funds are not intended to preserve assets for perpetual charitable support. These funds (generally donor-advised) are focused on current giving and can have numerous and ongoing grant commitments. Their allocations are invested in relatively liquid instruments. The four funds are:
An endowment fund has a horizon in perpetuity for providing long-term charitable support. The corpus should grow over time to exceed the effects of grantmaking and inflation. The asset allocation can include less liquid assets that should earn a premium over publicly traded assets.
CFT Investment Committee:
The investment committee of the Board oversees stable of carefully vetted and regularly assessed investment managers.
G. Stacy Smith, Chairman
Trinity Investment Group
James E. Bass
Trinity Summits, LLC
Kenneth A. Hersh
NGP Energy Capital Management
James R. Hille
Texas Christian University
Cook Children's Healthcare System
Vice President, Investments
Contact me to learn more about our investment options