As a public charity, the Community Foundation of Broward adheres to the highest standards to operate in the public view and the public interest. Our federal tax returns, Internal Revenue Service letters verifying our 501(c)(3) tax-exempt public charity status and our audited financial statements are available below.

The Community Foundation of Broward believes that grants to be made in the future are as important as grants made today. To attain this goal, one of the long-term objectives is to grow our aggregate portfolio value through above average investment returns while minimizing our risk.

The Board of Directors of the Community Foundation of Broward, Inc. is a fiduciary and is responsible for directing and monitoring the investment management of the Foundation’s assets. During the past ten years, our assets have increased from $20 million to almost $82 million. A significant factor in this growth is our above average investment returns. Our success in achieving our investment objectives requires strict adherence to the following formula:

a broadly diversified portfolio to help protect our investments in the long term; a nationally acclaimed investment consultant who provides us with research, makes recommendations and monitors the individual performance of investment managers selected;

an independent investment committee comprised of highly experienced and successful individuals from our community who make the necessary investment decisions; and a well defined investment policy.

Our formula fulfills our Fundholder wishes. For Good. For Ever.



2007 Financial Highlights

Increased total assets by 23% to almost $82 million Double digit returns over the past five years Received almost $10 million in contributions Approved $5 million in 555 grants

Achieved 400% asset growth in ten years Consistently performed within the top half of a universe of comparable Funds Administrative and Fundraising costs represented only 1.2% of total assets

Asset Growth 1997-2007


Year Ended June 30th



Asset Allocation
as of December 31, 2007









* 60% S&P500 / 40% L.B. Aggregate is a simulated index of a traditional balanced portfolio.