Overview

Stewardship of charitable funds is one of OCF's most important responsibilities. Our broadly diversified investment portfolio is structured to produce investment returns that exceed market averages, particularly in down markets.

Our investment programs combine the assets of permanent charitable funds for investment. Each fund benefits from the strength of a large, pooled portfolio. The result is high-quality, diversified investment management at reasonable fees and costs.

Investment Committee

OCF's investment managers collaborate with an outstanding investment committee comprising knowledgeable and experienced volunteers. The committee oversees the investment program and makes recommendations to the board of directors regarding investment policy, strategy and management. Cambridge Associates, an international investment consulting firm, assists the committee in its work.

Current Investment Managers

Our current investment managers provide a diversity of styles.

Investment Results

OCF invests the assets of the long-term investment pool to achieve high total returns with low risk. The current target asset allocation is 40 percent equities (both domestic and international), 15 percent fixed income, 20 percent marketable alternative investments, 10 percent private equity and 15 percent inflation-hedging investments. 

Our investment managers collaborate with an outstanding volunteer investment committee, which oversees the investment program and makes recommendations to the board of directors. Cambridge Associates, an international investment consulting firm, assists the committee in its work.

Annualized Returns

Total annualized returns for periods ended December 31, 2012, were as follows:

Asset Allocation  

Social Investment Option

Administrative Fees

Through careful management and use of volunteers, OCF keeps its expenses low while providing high-quality services to donors and grantees. Each OCF fund pays a proportionate share of the Foundation's administrative costs, based on an annual fee structure.

Historically, OCF's administrative fees have been among the lowest compared to community foundations nationally. In November 2010, the OCF board of directors approved a modest increase in fees. This will allow OCF to carry out its mission while keeping fees on the low side.

Current Fee Schedule

Investment Management Costs

OCF allocates the costs associated with investment management proportionally to the individual funds in its investment pool. These costs include fees paid for professional management; independent investment consulting fees; and legal fees associated with the investment program.

The fees of individual managers vary depending on the the size of the portfolio and the type of assets being managed (e.g., management fees for fixed-income investments are typically lower than fees for equity investments). Total investment costs fluctuate depending on how assets are allocated among managers and among investment categories.

OCF’s investment returns are stated net of investment management costs.

Staff Assistance

For more information, please contact a charitable gift planner in your region.