Community Foundation for Greater Buffalo

Investment Performance

During our 90 year history, the Community Foundation has successfully navigated the ups and downs of the economy to the benefit of our donors. Our prudent investment policy and efficient management position us among the strongest community foundations in the country.

We have a tradition of beating investment performance benchmarks and continue to improve our grantmaking and donor support efforts while keeping operating costs at 1.2% of total assets.

2012 Outlook

The Foundation’s Investment Committee remains focused on maintaining a prudent strategy, consistently executed. This strategy is built on diversification and balance, because there is considerable risk involved in allowing an overly aggressive or conservative approach to take hold.

Furthermore, the Committee seeks to continually capitalize on the Foundation’s innate advantages. Those advantages include a long-time horizon, the Foundation’s stature as an institutional investor and a robust due diligence process that is used for ongoing evaluation of specific investments and the portfolio as a whole.

Investment Committee Members

  • Luke Jacobs, Committee Chair
  • Charles Balbach, Board Member
  • Joseph J. Castiglia, Past Board Chair
  • Bill Joyce, Board Member
  • Gerard Mazurkiewicz, CPA, Board Member
  • Laurence Franz
  • Richard Hopkins
  • Michael Munschauer, CFP
  • William Williamson Jr.