College Gift

Pima Community College : Gift Managment Foundation & Alumni Ways to Give Alumni & Friends Business Partners Foundation Scholarship Application About the Foundation Board of Directors Gift Management News & Events Contact Us Getting Started Courses & Degrees Campuses & Centers About Pima Student Resources Community Resources Businesses Foundation & Alumni -- Gift Managment » Foundation & Alumni » About the Foundation » Gift Management The Foundation's Investment Committee professionally manages and invests private gifts for long-term growth. It meets at least quarterly to review the portfolio in light of current economic conditions. It provides a report to the Foundation's Board of Directors. Prudent procedures help the Foundation maintain a high standard of trust, effectiveness and accountability. They include accurate receipts for tax purposes. written acknowledgment of each gift. distribution of gifts as donors have directed. investment of endowed gifts to achieve growth and an enduring source of income to the designated program. Investment Policy Investable funds are invested in a manner that produces for the Foundation the optimum return, defined as obtaining the highest return commensurate with an acceptable risk level. Some permanently restricted endowment funds are invested based on a strategic asset allocation of 60 percent equities and 40 percent fixed-income securities. in a strategic allocation designed for long-term growth with moderate risk with an allowable variance of 10 percent. Other permanently restricted endowment funds are invested in accordance with contractual or other arrangements subject to other restrictions on investment alternatives. All short-term temporarily restricted funds are invested in 100 percent fixed-income securities for safety, income and low risk. The Investment Committee may select professional managers or use pooled funds at its discretion. A performance review of the portfolio is done at least annually.

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