Wednesday, March 9, 2011

Results from the Commonfund Benchmarks Study

Here is a look back at another past episode of NPTV.  You can view the episode here.

Investments by health groups returned an average of 18.8 percent in the face of a turbulent ride in the stock market. This is according the to the Commonfund Benchmarks Study of healthcare organizations. The study focused on the fiscal year 2009 average total rate of return on investable assets as it relates to 85 charitable healthcare organizations. The study has been running for 8 years now, and this is the highest return reported over that period. This follows the lowest return reported in the 2009 results.

The 85 organizations represented in the study account for $76.8 billion dollars in investable assets and $26.8 Billion is defined benefit plan assets as of the end of 2009. Investable assets are comprised of various asset types including endowment foundation funds, funded depreciation, working capital and other separately traded assets and investments.

What is Commonfund?
Commonfund provides charitable institutions with fund management and investment advice. It is one of the leading investment firms for colleges, universities and secondary schools, foundations, hospitals and other philanthropic and tax exempt organizations. It was founded in 1971 as a nonprofit, membership organization with a grant from the Ford foundation. Commonfund's mission is to improve and enhance the investment management practices and financial resources of its clients. It manages over $25 Billion with a focus on three primary activities, being outsourced solutions, private capital and alternative investment strategies.

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