Financials

When you invest with CICF, our financial management team works directly with you to maximize returns and minimize volatility. We offer three investment options—a long-term pool, a short-term pool, and a balanced pool—so you can choose the one that best fits your philanthropic and financial goals. Our expert investment management staff monitors all funds constantly, ensuring a sound investment strategy for our fundholders.


Learn about our investment options:

Long-Term Pool

Best if you want: Long-term growth through a globally diversified portfolio
Grantmaking time horizon: 5 years or more

Click here for more information about our long-term pool

Short-Term Duration Pool

Best if you want: More liquidity and maximization of capital preservation
Grantmaking time horizon: 1-5 years

Click here for more information about our short-term pool. 

BALANCED POOL

Best if you want: A simple, low cost and liquid alternative to the Long-Term Pool.
Grantmaking time horizon: 3 years or more

Click here for more information about our balanced pool. 


Investment Performance

The chart below illustrates Central Indiana Community Foundation’s quarterly investment performance, net of investment fees as of June 30, 2023

Three Months
2023 YTD
One year
three years
five years
10 years
Long-term Pool 4.2% 7.9% 7.5% 11.8% 8.1% 7.4%
—policy benchmark* 3.6% 7.4% 8.7% 10.1% 7.3% 6.7%
Balanced Pool 3.0% 8.4% 8.6% 5.0%
—policy benchmark** 3.5% 9.1% 9.4% 5.0%
Short-term Pool .3% 0.8% 1.4% 0.9% 1.2% 0.9%
* Policy Benchmark consists of 45% MSCI AC World Index, 20% All Private Equity Benchmark, 15% HFRI Fund of Funds Composite Index, 10% Real Asset Composite Index, 7% Fixed Income Composite Index, 3% FTSE 3 Month T-Bill
** Balanced pool policy benchmark consists of 60% MCSI AC World Index, 60% Blbg Barc Agg

Audit Information

IRS Form 990 is available upon request. Please direct requests here.