Among the fiduciary responsibilities CBCF holds to donors, none is more important than the prudent investment of assets. In addition to our Board of Directors, the Foundation’s investments are overseen by the Foundation’s Investment Committee and investment manager Fund Evaluation Group, LLC of Dallas, Texas.

The Foundation maintains an investment portfolio that is

  • Highly diversified to protect against market volatility
  • Focused on long-term returns within acceptable risk tolerances
  • Regularly monitored to evaluate both asset allocation and investments

The Foundation also strives to keep its administrative costs low. For 2012, the ratio of support expenses to average net assets was 0.95%.

  • Click here for the 2018 audited financial statements of the Coastal Bend Community Foundation
  • Click here for the 2017 IRS Form 990 for the Coastal Bend Community Foundation.