Growing funds for the good of the community
Community philanthropists entrust Seattle Foundation to manage funds for the benefit of those we serve. As of June 30, 2015, Seattle Foundation received a 4-star rating from Charity Navigator for “sound fiscal management and commitment to accountability and transparency.” As stewards of your funds, we exercise prudent investment practices oriented toward a “total return” approach. This phrase refers to the total change in fund value over a given time period resulting not only from interest and dividend income, but from capital appreciation as well. Using this approach, the Foundation is able to capture a portion of the historically higher returns in the equity and equity-like markets. Our total return approach to investment management is consistent with the Uniform Prudent Management of Institutional Funds Act (UPMIFA), as implemented by Washington State.
As a prudent steward, Seattle Foundation has three main priorities:
2 Maximize income,
the safety of principal
3 Ensure capital