Financial Overview
Maximizing Every Dollar Toward Its Purpose
The Foundation's Investment Committee works diligently to practice superior stewardship of the gifts committed to the University. Studies have shown balanced, well -diversified asset allocations consistently perform better over time under varying market conditions. The Investment Committee has structured the Foundation's pooled portfolio based in this model.
The UNC Foundation currently manages more than 450 endowed and quasi-endowed funds. Each of these funds is invested proportionately in a long term investment pool valued at nearly $88.7 million. With an institutional goal of maximizing every dollar toward its purpose, these funds are invested in a highly diversified portfolio with a long term strategy designed to provide a perpetual, predictable funding stream for the University.
Target allocations and investment managers are reviewed at least quarterly to ensure objectives are being met and assets are rebalanced as needed to align them with the target ranges (+/-3 percent) for each asset class.
Pooled Trust
The Foundation comparatively evaluates its investment performance against other like-sized institutional foundations, a custom benchmark index for the entire fund and custom benchmarks for each of its asset classes. Since inception, the pooled trust has returned nearly 8.4 percent, surpassing both the custom benchmark index of 7.1 percent and the custom CPI of 8.0 percent. Over time, the performance of the pooled trust has routinely equaled or exceeded its custom benchmark and substantially recovered the majority of the value lost in the 2008-09 market decline.
