Intro Image - Financial and Legal Information

Financial and Legal Information

Investment Results

Investment Report as of June 30, 2020

ANNUALIZED PERFORMANCE COMPARISON
1 YEAR
3 YEAR
5 YEAR
10 YEAR
ANNUALIZED PERFORMANCE COMPARISON
RACF Domestic Equity Managers
1 YEAR
-0.7%
3 YEAR
7.0%
5 YEAR
8.1%
10 YEAR
12.2%
ANNUALIZED PERFORMANCE COMPARISON
RACF International Equity Managers
1 YEAR
-10.0%
3 YEAR
-2.3%
5 YEAR
0.3%
10 YEAR
4.4%
ANNUALIZED PERFORMANCE COMPARISON
RACF Total Equity Portfolio1
1 YEAR
-3.8%
3 YEAR
3.1%
5 YEAR
5.0%
10 YEAR
9.4%
ANNUALIZED PERFORMANCE COMPARISON
Equity Blended Index2
1 YEAR
0.2%
3 YEAR
5.5%
5 YEAR
6.5%
10 YEAR
10.3%
ANNUALIZED PERFORMANCE COMPARISON
RACF Fixed Income Portfolio1,5
1 YEAR
4.2%
3 YEAR
3.5%
5 YEAR
3.4%
10 YEAR
3.1%
ANNUALIZED PERFORMANCE COMPARISON
Fixed Income Blended Index3
1 YEAR
4.8%
3 YEAR
4.2%
5 YEAR
4.0%
10 YEAR
3.0%
ANNUALIZED PERFORMANCE COMPARISON
RACF Alternatives Portfolio1,5
1 YEAR
-4.3%
3 YEAR
-0.1%
5 YEAR
0.7%
10 YEAR
n/a
ANNUALIZED PERFORMANCE COMPARISON
HFRI Fund of Funds4
1 YEAR
0.0%
3 YEAR
2.1%
5 YEAR
1.4%
10 YEAR
2.8%
ANNUALIZED PERFORMANCE COMPARISON
RACF Blended Endowment Portfolio1,5
1 YEAR
-1.9%
3 YEAR
3.2%
5 YEAR
4.5%
10 YEAR
7.7%
ANNUALIZED PERFORMANCE COMPARISON
70% RACF Total Equity Portfolio
1 YEAR
n/a
3 YEAR
n/a
5 YEAR
n/a
10 YEAR
n/a
ANNUALIZED PERFORMANCE COMPARISON
20% RACF Fixed Income Portfolio
1 YEAR
n/a
3 YEAR
n/a
5 YEAR
n/a
10 YEAR
n/a
ANNUALIZED PERFORMANCE COMPARISON
10% RACF Alternatives Portfolio
1 YEAR
n/a
3 YEAR
n/a
5 YEAR
n/a
10 YEAR
n/a
ANNUALIZED PERFORMANCE COMPARISON
Endowment Blended Index6
1 YEAR
1.4%
3 YEAR
5.1%
5 YEAR
5.6%
10 YEAR
8.2%
ANNUALIZED PERFORMANCE COMPARISON
Comparative Indexes
1 YEAR
n/a
3 YEAR
n/a
5 YEAR
n/a
10 YEAR
n/a
ANNUALIZED PERFORMANCE COMPARISON
90-Day Treasury Bill Index
1 YEAR
1.7%
3 YEAR
1.8%
5 YEAR
1.2%
10 YEAR
0.7%
ANNUALIZED PERFORMANCE COMPARISON
Barclays Aggregate Bond Index
1 YEAR
8.7%
3 YEAR
5.3%
5 YEAR
4.3%
10 YEAR
3.8%
ANNUALIZED PERFORMANCE COMPARISON
Wilshire 5000 Equity Index
1 YEAR
6.8%
3 YEAR
10.1%
5 YEAR
10.3%
10 YEAR
13.7%
ANNUALIZED PERFORMANCE COMPARISON
S & P 500 Composite Index
1 YEAR
7.4%
3 YEAR
10.6%
5 YEAR
10.6%
10 YEAR
13.9%
ANNUALIZED PERFORMANCE COMPARISON
MSCI EAFE Index
1 YEAR
-5.1%
3 YEAR
0.8%
5 YEAR
2.1%
10 YEAR
5.7%
ANNUALIZED PERFORMANCE COMPARISON
HFRI Fund of Funds Index
1 YEAR
0.0%
3 YEAR
2.1%
5 YEAR
1.4%
10 YEAR
2.8%
ANNUALIZED PERFORMANCE COMPARISON
Consumer Price Index
1 YEAR
0.7%
3 YEAR
2.0%
5 YEAR
1.9%
10 YEAR
1.9%
  1. Performance is net of all investment manager fees currently averaging 0.71% of market value.
  2. Equity Blended Index weights as of 09/1/2011 are 52.5% Wilshire 5000, 12.5% Russell 2000, 26.25% MSCI EAFE and 8.75% MSCI Emerging Markets; as of 12/31/09 they were 55% Wilshire 5000 Index, 15% Russell 2000 and 30% MSCI EAFE Index; as of 11/1/07 they were 75% Wilshire 5000 Index and 25% MSCI EAFE Index; as of 7/1/05 they were 80% Wilshire 5000 Index and 20% MSCI EAFE Index; prior to that the weights were 85% Wilshire 5000 Index and 15% MSCI Stanley EAFE Index.
  3. Fixed Income Blended Index weights as of 12/31/13 are 35% Barclays Capital Aggregate, 15% Merrill High Yield, 20% Citigroup World Govt. Bond, 15% J.P. Morgan GBI-EM Global Diversified Index and 15% Barclays US TIPS; as of 12/31/08 the Fixed Income benchmark was the Barclays Capital Aggregate; as of 7/1/06 it was the Lehman Aggregate Bond Index; prior to that it was the Lehman Govt./Corp Intermediate Bond Index..
  4. Alternative Investment benchmark as of 10/1/2013 is the HFRI Fund of Funds.
  5. As of 10/1/2013, RACF Blended Endowment Portfolio consists of 70% Total Equity, 25% Total Fixed and 5% Total Alternative Investment returns. As of 1/1/2014, we will be invested 70% Total Equity, 20% Total Fixed and 10% Total Alternative Investments.
  6. Endowment Blended Index weights as of 1/1/2014 are 36.75% Wilshire 5000, 18.375% MSCI EAFE, 6.125% MSCI Emerging Markets, 8.75% Russell 2000, 7% Barclays Aggregate, 3% Merrill High Yield, 4% Citigroup World Govt. Bond, 3% J.P. Morgan GBI-EM Global Diversified Index, 3% Barclays US TIPS and 10% HFRI Fund of Funds; as of 10/1/2013 they were 36.7% Wilshire 5000, 18.375% MSCI EAFE, 6.125% MSCI Emerging Markets, 8.8% Russell 2000, 8% Barclays Aggregate, 4% Merrill High Yield, 5% Citigroup World Govt. Bond, 4% J.P. Morgan GBI-EM Global Diversified Index, 4% Barclays US TIPS and 5% HFRI Fund of Funds; as of 9/1/2011 were 36.7% Wilshire 5000, 18.375% MSCI EAFE, 6.125% MSCI Emerging Markets, 8.8% Russell 2000 and 30% Barclays Aggregate; as of 12/31/09 they were 47.5% Wilshire 5000 Index, 22.5% MSCI EAFE Index and 30% Barclays Aggregate Bond Index; as of 11/1/07 they were 52.5% Wilshire 5000 Index, 17.5% MSCI EAFE Index and 30% Lehman Aggregate Bond Index; as of 7/1/06 they were 56% Wilshire 5000 Index, 14% MSCI EAFE Index and 30% Lehman Aggregate Bond Index; as of 7/1/05 the weights were 56% Wilshire 5000 Index, 14% MSCI EAFE Index and 30% Lehman Govt/Corp Intermediate Bond Index; prior to 7/1/05 the weights were 60% Wilshire 5000 Index, 10% MSCI EAFE Index and 30% Lehman Govt/Corp Intermediate Bond Index.

For More Information

You may download our June 2020 Investment Report or our Investment Policy. If you are interested in further information, such as the names of our current investment managers, members of the Investment Committee, and fees charged, please contact Amy Vars, Senior Vice President & Chief Financial Officer.

Financial Transparency

As a public charity, Rochester Area Community Foundation makes a point of operating in an open manner that welcomes scrutiny. We take our obligation to donors, community groups, and the public very seriously. Accordingly, our federal tax returns, audited financial statements, and other related documents are posted on our website and are on file with the New York State Attorney General.

We are also pleased to offer our Consolidated Financial Statements, which include the independent auditor’s report from Bonadio & Co., LLP.

Individual Form 990s and Tax Determination Letters

Annually in November, we file an individual Form 990 with the IRS for Rochester Area Community Foundation, Rochester Area Community Foundation Depository, Inc., Rochester Area Foundation, Rochester Area Community Foundation Initiatives, Inc., and Feinbloom Supporting Foundation.

Each organization’s separately filed IRS Federal Form 990 and Tax Determination Letter are available below and updated annually.


For More Information

If you have any questions regarding the information included in any of these returns, reports or letters, or wish to receive information from prior fiscal years, please email Amy Vars, Senior Vice President & Chief Financial Officer, or call her at 585.271.4100.

Documents

Permission to use Documents (such as white papers, press releases, and other publications) from this server (“Server”) is granted by Rochester Area Community Foundation (“RACF”), provided that (1) the below copyright notice appears in all copies and that both the copyright notice and this permission notice appear, (2) use of such Documents from this Server is for informational and non-commercial or personal use only and will not be copied or posted on any network computer or broadcast in any media, and (3) no modifications of any Documents are made. Use for any unauthorized purpose is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum extent possible.

Documents specified above do not include the design or layout of this Web site. Elements of this Web site are protected by trade dress and other laws and may not be copied or imitated in whole or in part. No logo, graphic, sound or image from this Web site may be copied or retransmitted unless expressly permitted by RACF.

RACF MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION CONTAINED IN THE DOCUMENTS PUBLISHED ON THIS SERVER FOR ANY PURPOSE. ALL SUCH DOCUMENTS AND RELATED GRAPHICS ARE PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND AND ARE SUBJECT TO CHANGE WITHOUT NOTICE. THE ENTIRE RISK ARISING OUT OF THEIR USE REMAINS WITH THE RECIPIENT. IN NO EVENT SHALL RACF BE LIABLE FOR ANY DIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL, PUNITIVE OR OTHER DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, OR LOSS OF BUSINESS INFORMATION), EVEN IF RACF HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Images

All images on our site appear courtesy of our staff, founders, donors, grantees, and scholarship recipients or, in limited cases, have been purchased to represent those communities. All license and title to said images remains the exclusive right of RACF. No images are to be copied, pasted, manipulated, or otherwise adapted from this site. Use for any unauthorized purpose is expressly prohibited by law, and may result in severe civil and criminal penalties. Violators will be prosecuted to the maximum extent possible.

Trademarks

RACF and the names of RACF products referenced herein are either trademarks and/or service marks or registered trademarks and/or service marks of RACF. Other product and company names mentioned herein may be trademarks and/or service marks of their respective owners.

Website Privacy Statement

RACF considers the responsible use of personal information to be a critical element in enabling the Internet to reach its potential as a serious tool for personal and professional activities. As the Internet changes our lives in a number of ways, RACF is committed to respecting your privacy.

In general, you can visit www.racf.org without telling us who you are or revealing any personal information about yourself. There are times, however, when we may need information from you, such as your name, home or business address and email address. RACF will seek to let you know before we collect any personal information from you over the Internet. Some examples of when we may need information are if you choose to participate in our online donor grantmaking, philanthropy nomination, or subscribe to our planned giving email advisories directly from our Web sites. When you choose to give us personal information over the Internet that we may request or may be necessary to serve you, RACF will endeavor to let you know how we will use this information. RACF will also seek to take appropriate steps to protect the information you share with us, including using appropriate technology for credit card data used in electronic commerce transactions which we plan to institute in the future.

When RACF receives information about your session through our site statistic reports or about you, we may use it for research or to improve our site and the services we offer you. We will ask you, from time to time, if you want us to use that information to continue contact with you by RACF via email or other means — for example, to send you new services information or notification of special events. If you do not want us to contact you, you can choose to “opt out,” and RACF will endeavor to respect your wishes.

In general on www.racf.org, IP addresses (the Internet address of a computer) are logged to track a user’s session while the user remains anonymous. We analyze this data for certain trends and statistics, such as which parts of our site users are visiting and how long they spend there. In general, we do not link your IP addresses to anything personally identifiable to you.

Some RACF web pages use “cookies,” which are small files that may be placed on your hard disk for record-keeping purposes. A cookie helps us remember who you are. You may have seen cookies at work when you visit a site and you are welcomed back by the name you entered. You can set your browser to notify you when you receive a cookie, giving you the chance to decide whether or not to accept it. (However, by not accepting cookies, some web pages may not display properly or you may not be permitted to access certain information.)

If you have any questions or comments about our privacy practices, would like to stop receiving information from RACF, or would like to correct or update information provided to RACF via the Web site, please click Contact Us or send an email to webmaster@racf.org for a prompt reply.

Links to Third-Party Sites

LINKED SITES ARE NOT UNDER THE CONTROL OF RACF AND RACF IS NOT RESPONSIBLE FOR THE CONTENTS OF ANY LINKED SITE OR ANY LINK CONTAINED IN A LINKED SITE. RACF PROVIDES LINKS TO YOU ONLY AS A CONVENIENCE, AND THE INCLUSION OF ANY LINK DOES NOT IMPLY ENDORSEMENT OF THE SITE BY RACF.