First Community Foundation Partnership of Pennsylvania is dedicated to providing transparent, careful stewardship of donor’s gifts. Our investment and spending policies support current, as well as future, grantmaking and administrative needs, while ensuring the inflation-adjusted spending power of the Foundation’s charitable assets over time. Our Board of Directors takes a long-term view in setting and monitoring these policies to ensure the perpetuity of your funds.
The annual cash payment of all funds, except those with illiquid assets will be 5% of the average market value, using a 20-quarter trailing average. For funds less than five years old the market value will be of the average of all quarterly market values to date. This payout will be used to meet both grantmaking and administrative needs.
The Foundation utilizes The Mason Companies, a professional investment consultant group, to advise our investment strategies. Learn more about our investment partner at www.masoncompanies.com.
Investment and Spending Policy
Learn more about our approach, objectives and our policies regarding investments and spending. Our policy supports current and future grantmaking and administrative needs, while ensuring inflation-adjusted spending power of our charitable assets over time. View our Investment and Spending Policy.
The investment objective of the Community Foundation is to meet the payout percentage, plus inflation, plus 0.5% of underlying growth in the pool in an attempt to grow the portfolio. View our quarterly investment summary.
Audited Financial Statement
View the Community Foundation’s consolidated financial statements and supplementary information from 2014-2015.
2015 FCFP 990 Form
View the public disclosure of the FCFP 990 Form.