Financials
Target Asset Allocation
Equities - 65.0%
(includes US Large and Small Cap, non-US equity, and private equity)Fixed Income - 20.0%
Diversifying Strategies - 7.0%
Real Assets - 8.0%
Actual Asset Allocation
Equities - 64.0%
(includes US Large and Small Cap, non-US equity, and private equity)Fixed Income - 20.0%
Diversifying Strategies - 7.0%
Real Assets - 9.0%
Allocation of Expenses
Grants - 69.9%*
Program Expenses - 14.7%
Administrative Expenses - 15.5%
*This total is lower than the totals for 2020 and 2021, during which time we implemented a two-year policy to increase grantmaking by a total of $4 million.
Growth in Total Assets
Fiscal Year
Total Assets
FY13
$457,000,000
FY14
$449,000,000
FY15
$417,000,000
FY16
$422,000,000
FY17
$473,000,000
FY18
$431,000,000
FY19
$476,000,000
FY20
$513,000,000
FY21
$566,000,000
FY22
$484,000,000
Mission Investing
Learn more by visiting our Mission Investing page.