The Foundation's Board of Directors and Investment Committee oversee the management of the endowment. Their goal is to preserve the endowment's purchasing power by achieving long-term investment results that exceed the Foundation's spending policy (the amount needed for grants and expenses) plus inflation. The Foundation seeks to balance expected risk and return, protecting tomorrow's assets while addressing today's needs.

The investment strategy is determined by the Foundation's Investment Committee. It considers past and expected future performance of available asset classes as well as investment strategies of other large community foundations, endowments and pension plans. The Investment Committee focuses on the market value results or "total return" of the endowment. Outside investment professionals, selected and monitored by the Investment Committee and the trustee bank, manage the endowment.  For information about our current investment managers, contact Alison Granger, senior investment officer, at agranger@hfpg.org or 860-548-1888.