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Posted on September 18, 2006 Investment Returns for Community Foundations Outpace National Average, Study Finds The average community foundation produced a 7 percent return on its investments in 2005, exceeding national trends for investment returns overall, a new study by the Washington, D.C.-based Council on Foundations finds. According to Investment Performance and Practices of Community Foundations, 2006 Edition, the latest results push the three-year median return for community foundations above an annual rate of 13 percent. A total of 165 foundations participated in the survey, representing 39 percent of community foundations with assets of $5 million or more and 56 percent of those with assets of $25 million or more. "The report reflects the wise investment choices of community foundations," said council president and CEO Steve Gunderson. "Their strength and ingenuity have put them in financial positions that better serve their communities." “New Study Shows Strong Investment Returns for Community Foundations.” Council on Foundations Press Release 9/14/06. Primary Subject: Philanthropy and Voluntarism Location(s): National, Washington, D.C. FC009501

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