Follow the Music Center

 

Music Center Foundation | The Music Center Foundation - Investment Management
The Music Center Foundation’s assets are managed in a diversified portfolio with a long-range focus. The investment objective of the Foundation is long-term growth with liquidity for annual distributions and expenses as well as flexibility for special distribution needs.
investment, management, endowment, portfolio, assets
15451
page-template,page-template-full_width,page-template-full_width-php,page,page-id-15451,qode-listing-1.0.1,qode-social-login-1.0,qode-news-1.0.2,qode-quick-links-1.0,qode-restaurant-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,qode_popup_menu_push_text_top,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.0,qode-theme-bridge,wpb-js-composer js-comp-ver-5.4.4,vc_responsive
 

Investment Management

About

The Music Center Foundation’s assets are managed in a diversified portfolio with a long-range focus. The investment objective of the Foundation is long-term growth with liquidity for annual distributions and expenses as well as flexibility for special distribution needs.

  • Distribution

  • Expenses

  • Inflation

Performance

We target a return of 7.4%, which covers the 5% distribution, .5% for expenses, and 2% for inflation. Our performance over the past 25 years has been right on target.

Music Center Foundation Core Endowment Portfolio

(numbers in $MM)

The Foundation was initially funded with a $25,000 gift. Since 1995, the core endowment fund has grown by an average of 6.2% after making the 5% annual distributions to the Resident Companies and the Music Center. The Fund had a principal balance of $40 MM in 1995. During the next 23 years, the Foundation distributed over $100 MM back to the Music Center and Resident Companies and the principal balance has grown to $160 MM.

  • 1973

  • 1980

  • 1990

  • 1995

  • 2000

  • 2005

  • 2010

  • 2015

  • 2018

Assets Under
Management

The portfolio is managed by a thirteen member Investment Committee with representatives from the Resident Companies and The Music Center. We are advised by Monticello Associates, an investment advisor with expertise in endowments and foundations.