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Financials
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Financial Summary & Highlights
The financial information below reflects highlights from unaudited financial statements in the 2016 calendar year. Our most recent audited financial statements with accompanying notes (plus a report from an independent auditor) are available on our website at albuquerquefoundation.org.
The Finance Committee oversees our accounting process. They’re also responsible for overseeing the audit process. The Investment Committee oversees all aspects of the investment program, ensuring assets are well-diversified and designed to meet the Foundation’s objectives. Our investment management summary, along with quarterly investment performance reports, is also available on our website. We welcome your comments and input.
The objective of the Foundation’s investment program is to produce growth and income sufficient to support both donor goals and Foundation objectives and to maintain the purchasing power of the fund for future beneficiaries. The long-term total return need of the Foundation’s portfolio is CPI, plus the current spending policy rate, plus the Foundation’s average administrative fee.
Dollars in millions
Total Grants
$3.0 M $2.2 M $2.6 M $4.2 M $3.7 M
2012 2013 2014 2015 2016
Dollars in millions
