Study: Operating Charity Investment Returns Rise to an Average of 15.1 Percent in Fiscal Year 2013
The Study for FY2013 represented the 10th consecutive year that Commonfund Institute has reported on operating charities' investment results and related policies and practices. Beginning in 2003, operating charity data were combined with those of community and public foundations. In 2007, separate Studies were published for operating charities and foundations, a practice that continues today. Two years ago, Commonfund began a partnership with the Council on Foundations to produce the annual Council on Foundations-Commonfund Study of Investments for Private FoundationsTM (CCSF).