Investment Report for First Quarter of 2017
Seattle Foundation began 2017 with a strong first quarter of investment returns.
May 23, 2017
Community philanthropists entrust Seattle Foundation to manage funds in order to fulfill our mission of fostering powerful and rewarding philanthropy to make King County a stronger, more vibrant community for all. Reflecting the infinite life of a community foundation, we take a long-term approach to our investment management to maximize the philanthropic resources available over time to meet community needs. We offer a variety of asset allocation pool options to suit a wide variety of philanthropists’ goals and keep philanthropists updated on each pool’s performance on a quarterly basis.
First Quarter Performance Snapshot:
Seattle Foundation began 2017 with a strong first quarter. While now eight years into what is the second longest bull market since 1928, this period saw continued strong equity returns as a sense of optimism about future economic growth was pervasive around the globe.
The Balanced Pool, our largest investment pool and designed for the long term, gained 5.0% on the quarter and 12.3% for the past 12 months, outperforming its benchmarks.
Our Socially Responsible Pool, designed to meet environmental, social, and governance issues while also providing competitive economic returns, gained 4.8% for the quarter.
Our default Intermediate-Term Pool, with a 3-7 year giving horizon, gained 1.8% this quarter and has gained 3.9% over the past 12 months.
The Short-Term Pool, with a 0-2 year giving horizon, gained 0.2% on the quarter.
The Index Pool, which is all passive, gained 4.3% this quarter
Our Growth Pool, designed for the longest horizon with high growth and high volatility, gained 5.9%.
We are thankful for the opportunity to support generous philanthropists in creating powerful, rewarding philanthropy to make Greater Seattle a stronger, more vibrant community for all.
Read the full report.
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