Dedicated to Fiscal Responsibility

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.

Investment Options

Our donors have the option of selecting from a variety of investment options:

Long-Term Portfolio

A balanced portfolio of liquid, semi-liquid and illiquid assets (illiquid assets not to exceed 30%). Total return approach intending to preserve the real dollar value of the funds. This option is best for a long-term time horizon generally five years or longer.

Indexed Portfolio

Diversified portfolio of global stocks and bonds with a growth emphasis through indexed funds. This option is best for a long-term time horizon generally five years or longer.

Balanced Income Portfolio

A liquid portfolio that balances liquidity needs with a reasonable level of capital appreciation. This option is best for a time horizon generally two to five years.

Money Market/Cash Portfoliio

Portfolio of cash/cash equivalents to maintain liquidity and preserve principal. This option is best for a short-term time horizon generally less than one year.

IMA - Individually Managed Account

We offer an option for donors to utilize their preferred investment manager through our IMA program. We’ll work with your investment manager to set up your charitable fund, and then assets are moved from the Community Foundation to your manager. Our online fund portal gives the donor the opportunity to recommend grants online and offers information like fund activity and investment information.

Transforming Our Community

The Community Foundation is about more than transactions; we are about transformation.

While fees collected for funds held at the Community Foundation support the processing of grant checks, accepting and acknowledging donations, completing annual audits and reporting, our fees also make you part of the change we enable in the communities we serve. It’s the community convening, the strategic grantmaking, the donor connections, the nonprofit trainings and the promotion of charitable giving that ultimately transforms the communities we call home.

Tax Information, Financials, and Documents
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Tax Information

The Community Foundation's
EIN is 23-7181875.
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Financial Statements

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Annual 990 Documents

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