The Adams County Community Foundation has had remarkable success in its investment of its growing charitable endowment, designed to support our community now and for generations to come. In 2024, the Community Foundation endowment pool posted a robust 10.2% return; the 16-year annualized return is 9.4% net of investment fees.
The public is invited to join the Community Foundation on Thursday, March 6, at 8 AM for its annual Investment Briefing at the Adams County Historical Society, 625 Biglerville Rd, Gettysburg. Led by volunteer Investment Committee Chair James Dunlop of Advent Partners, a panel of the Community Foundation’s investment managers from Brown Advisory will discuss the Community Foundation’s carefully structured investment policy and the outstanding performance they have achieved.
Dunlop said, “The Community Foundation is dedicated to accountability and transparency. We want everyone to know how we manage these charitable assets that exist for the community’s benefit. This open Investment Briefing will enable anyone who is interested to get a good look at how this community endowment is invested—and ask questions.”
In addition to hundreds of charitable funds created by individuals, families, and businesses to carry out their philanthropy, the Community Foundation manages 125 designated endowments that benefit specific nonprofits across Adams County, as well as funds that support education, the arts, housing, children, and youth. Pooling these individual funds for investment purposes provides economies of scale. That pooled endowment is invested with two goals in mind: returns to serve Adams County today and growth to continue that service for generations to come.
Community Foundation CEO Ralph Serpe says, “Endowment investing is different from how you or I would invest our own long-term retirement assets or how a nonprofit might invest its operating reserves or emergency funds. We take endowment investing seriously and want to share our goals, objectives, and strategy transparently. Whether you are a professional advisor whose clients are seeking an appropriate home for their charitable legacy, a nonprofit benefitting from one of our designated endowments, or a donor with an interest in supporting Adams County forever, this session is for you.”
Doors open and continental breakfast at 8:00 am. One-hour program begins at 8:15 am. The Community Foundation’s Investment Briefing is free and open to the public, but registration is required. Call 717-337-0060 to register or RSVP to rsvp@adamscountycf.org. More information is available on the Community Foundation’s website at www.AdamsCountyCF.org
About the Adams County Community Foundation
The Adams County Community Foundation was created to promote and facilitate charitable giving and to build The Fund for Adams County, a permanent civic endowment for Adams County. The Community Foundation hosts Adams County’s day of giving, The Giving Spree, and also provides a home for a variety of charitable funds created by donors including endowments directed to a specific organization or purpose, scholarship funds, and donor-advised funds, which may make grants anywhere in Pennsylvania or across the country.
More information is available at www.adamscountycf.org
Source: Adams County Community Foundation