INVESTMENT PERFORMANCE
The Cultural Trust offers a strong value proposition for the investment management of nonprofits’ permanent funds. Because the Cultural Trust invests our assets with Foundation For The Carolinas’ $900 million portfolio, we can offer the following benefits to our clients:
- Low investment fees
- Access to top investment managers
- Advice and counsel of Fund Evaluation Group - www.feg.com (a national investment consultant that doesn’t sell any product)
- Advisory services of Fund Evaluation Group*
- Experienced and timely investment oversight by the Cultural Trust’s Investment Committee
- Enhanced donor confidence in making planned gifts
The Investment Committee meets quarterly with our investment consultant, Scott Harsh, President/CEO of Fund Evaluation Group (feg.com), to review fund performance and the investment managers. This arrangement is very efficient since it effectively taps the expertise of our community's most knowledgeable investment talent and relieves our nonprofit clients of the burden of having to separately select, monitor and evaluate allocation strategies. More importantly, our clients are confident that they enjoy the lowest fees. This arrangement offers tremendous savings in time and money.
Our strong investment performance also enhances donor confidence when it comes to making a decision of a bequest or planned gift. Many donors want to ensure that their funds will be expertly invested and that the capital will exist in perpetuity.
SHARED SAVINGS
Each cultural organization pays the same investment management fees and administrative fees, regardless of the overall value of its endowment funds. This philosophy of shared savings is the cornerstone of this partnership.
CHOOSE INVESTMENT ALLOCATION
Cultural organizations can choose to investment their funds with the Cultural Trust’s recommendation or select any one of the four investment allocations offered by Foundation For The Carolinas.
For a more detailed overview of our investment performance (all returns are net of fees), click here.
*FEG does not accept monetary compensation from investment managers, mutual fund companies or brokers in exchange for being recommended to or included in searches for clients
INVESTMENT COMMITTE MEMBERS
 Mr. Chris Cecil
Chair President GenSpring Family Offices |
 Mr. William (Bill) H. Williamson, III
Senior Advisor Afton Capital Management |
 Mr. Sam Bowles
Vice President Carousel Capital |
 Mr. Tony Dillingham
VP and General Manager Total Protections USA, LLC |
 Ms. Cynthia Bush
Managing Director TIAA-CREF |
 Mr. Scott Provancher
President Arts & Science Council |
 Mr. Todd Gorelick
Managing Partner Gorelick Brothers Capital, LLC |
 Mr. Rich Pomeroy
Managing Director of Investments, Private Advisory Services Bank of America
|
 Ms. Marcia Tillotson
Senior Vice President, Investments Wells Fargo Advisors, LLC |