As a public charity, we employ long-term investment, spending and operating strategies to ensure that dollars entrusted to us by generous Rhode Islanders last forever and have the greatest possible impact on the community.
We have a diversified asset allocation and set high performance standards for our investment managers. During the past decade, the Foundation has increased the proportion of alternative investments while decreasing its fixed income allocation.
|Investment Allocations Pie Chart
Total fund return
(as of 3/31/17)
1 Year: 13.2%
5 Year: 7.4%
10 Year: 5.2%
20 Year: 7.9%
The board of directors annually reviews the Foundation's spending policy to ensure that our endowment continues to grow even as we continue to meet the needs of the people of Rhode Island. The Foundation's spending policy of between 5.0 and 6.53 percent (including our support fee) calculated over a 16-quarter trailing average, which is comparable with that of New England's largest community foundations, allows us to provide a predictable stream of grants to organizations that serve our community, while maintaining a prudent rate of endowment growth.
Learn more about our investment policies.