 |
UCSF Foundation General Endowment Pool
UCSF Foundation’s general endowment pool is the Foundation’s primary investment vehicle for endowed gifts. It is an investment portfolio in which all Foundation endowments participate.
Investment Objective: The Foundation’s primary investment objective for its endowment portfolio is growth of principal sufficient to preserve purchasing power and to provide income to support current and future University activities.
Spending Policy: A portion of the endowment pool is to be expended annually, and the amount of the distribution is determined by the payout policy of the Foundation, modified by donors’ wishes where applicable. Through June 30, 2009, the Foundation policy is to distribute 5% of the market value of the endowment pool, calculated on a 36-month rolling average of the market value. The distribution for individual funds within the pool is based on the average of the fund’s invested shares for each quarter of the fiscal year. The payout policy is reviewed annually, which could result in modification. The payout is distributed annually, following the close of the fiscal year. Undistributed income and gains from investment activities are reinvested in the endowment pool.
UCSF Foundation Endowment Pool Unit Values Per Share Fiscal Year:
2010
2009
2008
UCSF Foundation Payout Per Average Share