About Our Financials

The Collier Community Foundation™ (CCF) is a tax-exempt, public, charitable fund, established in 1985 with a $300,000 endowment and a vision for increasing private philanthropy in Collier County. As of January 2022, the Foundation managed over $280 million in assets and had distributed over $229.5 million in grants to nonprofit organizations and community programs.

FY GROWTH AND ASSESMENTS

Total Assets
$ 157 M
2017
Total Assets
$ 173 M
2018
Total Assets
$ 205 M
2019
Total Assets
$ 223 M
2020
Total Assets
$ 284 M
2021

Permanent Endowed Funds

The Community Foundation manages a pool of permanent endowed funds established by charitable individuals and makes grants from the investment earnings to address community needs and issues. Through sound investing, effective grantmaking and building the capacity of Collier County nonprofit agencies, the Community Foundation seeks to strengthen our community for good and forever.

FY GRANT DISTRIBUTIONS

$0
2018
$0
2019
$0
2020
$0
2021
$0
2022

About Our Investments

The Foundation contracts with Crewcial Partners to manage its Endowment/Long-term Pool, Index Pools, and SRI Pool.  If a donor has an existing relationship with any of our Financial Partners,  the Community Foundation can use the partner as the investment manager for that donor’s specific fund.

Endowment/Long-Term Pool Description – A combination of actively and passively managed funds, which currently has the following target allocations:  65% Global Equities allocated across index funds and active managers, 10% Private Assets and 25% Fixed Income allocated across US bonds and global bonds.  Fee is approximately 92 basis pts. (excluding Private Assets and incentive fees).

Endowment/Long-Term Pool Performance Summary (September 30, 2021)*

    Qtr   CYTD  1 YR   3 YR   5 YR
Total Portfolio   -0.4%    9.6%  24.4%    9.2%   9.5%
Custom Benchmark   -0.6%    8.3%  20.4%  11.2%   10.5%

*Net of fees

Equity Index Pool Description – Utilizes the Vanguard Total Stock Market Index Fund (50%) and Vanguard Total International Index Fund (50%) to provide a broad exposure to U.S. and non-U.S. equity stocks in a single, diversified pool. Fee is approximately 12 basis pts.

Equity Index Pool Performance Summary (September 30, 2021)*

  Qtr  CYTD  1 YR  3 YR 5 YR
Total Portfolio  -1.5%   10.6%  27.2% 11.7%  NA
Benchmark – MSCI ACW  -1.1%   11.1%  27.4% 12.6% 13.2%

*Net of fees

Fixed Income Index Pool Description – Utilizes the Vanguard Total Bond Market Index Fund (79%) and Vanguard Short Term Bond Index Fund ( 21%) to provide a broad exposure to U.S. investment grade bonds with varying short and medium term goals.  Fee is approximately 11 basis pts.

Fixed Income Index Pool Performance Summary (September 30, 2021)*

   Qtr CYTD 1 YR 3 YR 5 YR
Total Portfolio 0.1% -1.1%  -0.4% 5.0% NA
Benchmark Barclay’s Cap Ag 0.1% -1.6%  -0.9% 5.4% 2.9%

*Net of fees

Socially Responsible Investment (SRI) Pool – An actively managed pool that may screen its investments based on environmental, social and/or governance criteria.  This pool will have a 65% global Equity and 35% Fixed Income allocation.  Fees will be approximately 37 basis pts.

SRI Pool Performance Summary (September 30, 2021)*

  Qtr CYTD   1 YR 3 YR 5 YR
Total Portfolio   0.0%   7.6%  16.2% 10.2% NA
Custom Benchmark -0.6%   5.9%  15.5% 10.1% 9.3%

*Net of fees

SPDR S&P 500 ETF Pool – The SPDR® S&P 500® ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P
500® Index.  Fees are approximately 9.5 basis pts

SPDR S&P 500 ETF (SPY) Performance Summary (September 30, 2021)

  Qtr CYTD 1 YR 3 YR 5 YR
Total Portfolio  0.6%  14.5% 27.7% 14.6% 15.7%
Benchmark – S&P Index  0.6%  15.9% 30.0% 16.0% 16.9%

Northern Trust is a financial partner with the Community Foundation.

Northern Trust Financial Partner Pool Description – A combination of actively and passively managed funds, which currently has the following target allocations:  45%-65% Equity, 10%-40% Fixed Income, 0%-20% Alternatives and 0%-10% Cash.  Total Fees are approximately 62 basis pts.

Northern Trust FP Pool Performance Summary (September 30, 2021)*

    Qtr  CYTD  1 YR   3 YR  5 YR
Total Portfolio  -0.1%   9.6% 21.7%    8.6%   9.4%
Custom Benchmark  -0.6%   7.2% 18.2%  11.1% 10.6%

*Net of fees

The Importance of Transparency

The Collier Community Foundation™ adheres to the highest standards to operate in the public view and public interest. Our financials are updated quarterly and available for review upon request. You may also review our most recent Community Report, the last five years of our Financial Statements, tax documents, including Internal Revenue Service Form 990 and Form 990-T (if applicable), our Articles of Incorporation and Amendments and our ByLaws below.

LEARN MORE

To learn more, please contact:

Wendy Ponting
CFO
239.307.4520
[email protected]