Financials
Our financial management team works directly with you to establish a fund that maximizes your impact in alignment with your philanthropic goals. 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.
Investment Options
Long-Term Pool
Best if you want: Long-term growth through a globally diversified portfolio
Grantmaking time horizon: 5 years or more
Learn more 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
Learn more 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
Learn more about our balanced pool »
Minimums and Fees
For a quick overview of CICF’s fund types, minimum balances, and associated administrative fees, please review our Minimums and Fees Quick Reference. This document outlines available investment options and tiered fee structures, designed to help fundholders make informed decisions.
Investment Performance
The chart below illustrates Central Indiana Community Foundation’s quarterly investment performance, net of investment fees as of March 31, 2025.
| Three Mos | YTD 2025 | One Year | Three Years | Five Years | Ten Years | |
|---|---|---|---|---|---|---|
| Long-Term Pool | -0.6% | -0.6% | 4.5% | 4.2% | 12.9% | 7.3% |
| Policy Benchmark* | -0.4% | -0.4% | 5.9% | 4.7% | 12.0% | 7.1% |
| Balanced Pool | 1.0% | 1.0% | 6.0% | 4.1% | 8.4% | — |
| Policy Benchmark** | 0.3% | 0.3% | 6.3% | 4.5% | 8.9% | |
| Short-Term Pool | 0.9% | 0.9% | 3.8% | 3.0% | 2.1% | 1.6% |
* 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% Blbg Barc U.S. Aggregate Index, 3% FTSE 3 Month T-Bill
** Balanced Pool policy benchmark consists of 60% MCSI AC World Index, 40% Blbg Barc Agg
Audit Information
- 2023 Independent Audit Report
- 2022 Independent Audit Report
- 2021 Independent Audit Report
- 2020 Independent Audit Report
- 2019 Independent Audit Report
- 2018 Independent Audit Report
- 2017 Independent Audit Report
- 2016 Independent Audit Report
- 2015 Independent Audit Report
- 2014 Independent Audit Report
- 2013 Independent Audit Report
IRS Form 990 is available upon request. Please email requests to investments@cicf.org.