Investments
FFTC Investment Pools and Performance
Foundation For The Carolinas offers a cost-effective, expertly managed investment platform designed to address the diverse needs and objectives of those we serve. Fund advisors can choose from a number of investment strategies to increase diversification, lower costs and gain access to top-quality managers. Together, we will leverage our expertise and sound financial management to maximize your investment in the community.
Dependable Stewardship
FFTC’s Investment Committee believes the most important investment decision is the asset allocation decision. Our approach to asset allocation is based on developing the appropriate mix of investments that address a portfolio's long-term growth while maintaining an acceptable level of risk and protection against inflation.
Our offerings are strengthened by the expertise of our Investment Committee, appointed by FFTC’s Board of Directors and comprised of veteran investors and experienced business leaders. The Investment Committee determines asset allocation, selects professional money managers and monitors performance with the goal of achieving a return commensurate with the risk of the particular investment strategy.
Current Investment Committee
Kevin Roche, Chair, Civic Leader
Daniele Donahoe, Rinehart Wealth & Investment Advisory
Barnes W. Hauptfuhrer, Chapter IV Investors, LLC
Rod Hoover, Wells Fargo
Arrington Mixon, L&L Management, Inc.
Russ Morrison, Barings (retired)
Thomas Nelson, National Gypsum
William Williamson, Civic Leader
FFTC retains an Investment Consultant, currently Mercer LLC, specializing in institutional funds management to help guide the Investment Committee. The Investment Consultant provides quarterly reports on the investment performance of the different strategies and the individual money managers. The consultant also provides support and recommendations concerning capital market conditions, asset allocation and portfolio risk. Mercer is a fiduciary with respect to its investment advisory relationship with FFTC.
In addition to the Investment Consultant, FFTC’s internal staff includes investment professionals who further assist the committee in monitoring all aspects of FFTC’s investment portfolios.
Investment Pools To Meet Your Needs
FFTC offers a robust array of investment options designed to match your fund objectives, time horizon and risk tolerance. Investment pool options are available based on the size and type of your fund.
Enhancements to the investment pools are on the way this summer. Details will be available soon! Contact Greg Beuris with questions.
Anticipated Distribution Horizon (in years)
Pool Details
Invested in the BlackRock TempFund, one of BlackRock’s Liquidity Funds. The fund seeks as high a level of current income as is consistent with liquidity and stability of principal. TempFund invests in a broad range of U.S. dollar denominated money market instruments.
Preserves capital while generating income. Investments are allocated across four fixed income managers – Sterling Capital Short Duration (40%), Doubleline Low Duration (35%), BlackRock Low Duration (15%) and Brown Brothers Harriman Limited Duration (10%). These managers invest across a variety of fixed income instruments with maturities generally less than five years – approximately three years on average.
Designed to yield consistent income and dividends while also achieving moderate capital appreciation. The portfolio is allocated 60% fixed income and 40% equity. The equity allocation includes domestic, international developed and emerging market large and small cap equity securities. The fixed income allocation includes short and medium term fixed income securities with an aggregate maturity of six years.
Seeks long-term capital appreciation without exposure to hedge funds or private equity. Invested in broad domestic and international large and small cap stocks in developed and emerging markets. Target allocation is 25.5% global fixed income, 69.5% global equity and 5% real assets.
Offers a well-diversified investment option using low-cost ETFs. Invested across a variety of Vanguard Exchange Traded Funds, targeting 46% U.S. equity, 23% international developed equity, 14% U.S. fixed income, 7% international fixed income, 5% Real Estate Investment Trust and 5% energy.
Broadly diversified allocation, offering domestic and international market exposure, investing in large cap and small cap securities in developed markets and emerging markets, with an allocation to hedge funds to improve the overall risk/return profile of the total portfolio. Target allocation is 17.2% global fixed income, 68% global equity, 5% real assets and 9.8% diversifying strategies.
Model endowment portfolio recommended by FFTC’s Investment Committee for endowed funds. Broadly diversified allocation, offering domestic and international market exposure, investing in large cap and small cap securities in developed countries and emerging markets with a greater allocation to alternative investments, split between hedge funds and private capital investments, to improve the overall risk/return profile of the total portfolio. Target allocation is 14.2% global fixed income, 62.9% global equity, 8% real assets and 14.9% diversifying strategies.
Allows donors who maintain a minimum fund balance of $250,000 or more to recommend a strategic alliance with a qualified investment institution. The FFTC Investment Committee must review and approve all investment alliance managers.
Current FFTC Approved Investment Alliance Managers
Bank of America Merrill Lynch
BB&T
BNY Mellon (Charitable Trusts)
Bragg Financial Advisors, Inc.
Brown Brothers Harriman
Carolinas Investment Consulting
Carroll Financial Associates, Inc.
Charles Schwab
Collwick Capital, LLC
Colony Family Offices
F&M Bank
Fifth Third Bank
GreerWalker Wealth Management
Morgan Stanley
Novare Capital Management
Oppenheimer & Co.
Piedmont Partners
River Birch Capital, LLC
Sterling Capital Management
Tocqueville Asset Management
UBS Financial
U.S. Trust
Vanguard
Veris Wealth Partners
Wells Fargo
For investment information for the Greater Charlotte Cultural Trust, visit the GCCT page.
Foundation For The Carolinas does not provide tax, legal or investment advice. The information contained here is general in nature and is not intended to be a substitute for consulting your legal, tax or investment advisor regarding your particular situation. Any performance data is based on past performance and is no guarantee of future results.
FFTC Investment Performance
Investment Forms
