Nonprofit Luncheons

To minimize the effect of negative results produced by one asset class, investments are diversified. The Community Foundation sets long-term asset allocation ranges and reviews them with regularity. Re-balancing of the allocation of assets is considered at least annually to ensure that they are within the Foundation’s investment policy guidelines.

The Foundation is willing to take a moderate risk position, knowing that it will miss some opportunities for growth, in an effort to minimize market losses. The asset allocation strategy below meets the Foundation’s current needs.

• 50-65% Equities
• 25-40% Fixed Income
• 0-20% Alternative Investments
• 1-20% Cash

Investment Committee Members
The Community Foundation’s Investment Committee is made up of members of the Board of Trustees and the community. They meet quarterly to review the Foundation’s investments.

Jim McAfee, Committee Chairperson
Joseph Financial Partners

Molly Adams
Security State Bank & Trust

Austin Dickson (Ex Officio)
Community Foundation of the Texas Hill Country

Charlie Givens
Davidson, Freedle, Espenhover & Overby, P.C.

Mark Haufler
Wells Fargo Bank

Karol Schreiner
Community Volunteer

Michael Waldrop
Fort Sam Houston, U.S. Army