Endowment Fund Management
Endowment funds provide perpetual income to a designated cause. These funds are established for the support of institutions, such as colleges, universities, private schools, hospitals, museums, and foundations. The investment income from an endowment may be used for the operation of the institution and/or for capital expenditures while the principal remains intact. For current endowment fund information, click here.
BFT's investment philosophy focuses on several goals that support the long-term, perpetual nature of endowments. Four areas that are important in investing endowment assets are:
- Maximizing total return within acceptable risk levels
- Preserving funds in real dollars to maintain purchasing power over time
- Providing a stable source of income
- Providing a full range of highly skilled management services at low, extremely competitive costs
In order to meet these objectives, it is important to structure well-diversified portfolios with a mix of both financial and real assets.