Financial
Information

One of the founding principles of the New Canaan Community Foundation was to ensure that there were long term financial resources to keep our community flourishing and to meet the needs of our residents in the future. This principle continues to guide the work of the NCCF Board of Directors today. The responsibility for employing prudent investment strategies to protect and enhance the Foundation's financial resources rests with our Board of Directors and its Finance Committee. The Finance Committee establishes and reviews investment guidelines and evaluates investment performance on a regular basis. The Finance Committee consists of Directors with extensive institutional investment experience and varied perspectives. This Committee is responsible for implementing the Foundation's investment policy, recommending investment managers, and monitoring investment performance.

NCCF has established a thorough and flexible investment policy designed to maximize total return consistent with an acceptable level of risk. The overriding investment objectives for NCCF are:

• Preserving capital though the establishment of prudent investment quality standards and diversification to cushion assets against losses in value.
• Provision for inflation protection, seeking to maintain a reasonable balance between preserving purchasing power and preserving capital.
• Maximization of total investment return, both realized and unrealized, consistent with the above principles.

Through the appointment of experienced money managers and the use of diversification and rebalancing methods, NCCF has achieved returns in line with or greater than the broad market averages.

NCCF's Finance Committee has structured our endowment's investments to achieve long term growth through diversification among knowledgeable investment managers. Our assets allocation strategy among cash, fixed income and equities should ensure limited exposure to negative market volatility, while capturing a meaningful proportion of market gains.

For more information, please call the Foundation office at 203-966-0231

View NCCF Financial Statements & Information listed on our Publications page.