Investment Approach And Options

The Community Foundation offers a spectrum of philanthropic solutions and investment options to our fundholders. By investing in a CFNJ-designed option, with one of our investment partners, or in a customized investment management solution, fundholders may design specific portfolios for their funds. The portfolio fees are negotiated on a case-by-case basis in these circumstances.

When selecting your investment options, be sure to consider the time horizon for your fund’s grantmaking.

For guidance or questions, please contact Amanda Kwai Pun, our Chief Financial Officer, at akwaipun@cfnj.org or 973.267.5533.

Investment Portfolio

Asset Allocation %

Avg. Performance History

Flagship

The Flagship Portfolio seeks to provide capital growth through its asset allocation. The diversified portfolio includes liquid and illiquid (such as hedge funds and private equity) asset classes, best-in-class managers that have been vetted by Goldman Sachs, and a balance of indexed and active strategies to drive cost efficiencies. This strategy leverages the full range of Goldman Sachs resources and analysis to navigate short- and medium-term market conditions and trends. Please refer to the statement link for the performance returns: March 2026 statement. Fees: 0.7%

Balanced

The Balanced Portfolio offers a diversified, low-cost investment approach, which includes a mix of asset classes. The portfolio is composed of five Vanguard Index Funds, providing exposure to U.S. equities, international equities, and U.S. fixed income. The overall strategy focuses on growth of capital and a reasonable level of current income.  

Fees: 0.0615%

Knox Hill

The Knox Hill Conservative Portfolio is designed to prioritize capital preservation and income stability, with minimal interest rate risk. This portfolio is composed of two Vanguard Fixed Income Index Funds and form a low-risk bond portfolio for fundholders seeking steady income and capital stability.  

Fees: 0.10%

S&P 500 Index

The S&P 500 Index Portfolio aims to track the performance of the S&P 500 Index, which represents the 500 largest publicly traded companies in the United States. The portfolio provides broad exposure to the U.S. stock market, focusing on large-cap companies across various sectors. This passive Vanguard investment offers long-term growth potential through diversification and is ideal for fundholders seeking market-level returns with low fees. 

Fees: 0.03%

Stable Value

With the Stable Value Portfolio, the objective is to preserve capital and provide liquidity. This portfolio is composed of 100% of the Vanguard Federal Money Market Fund. The fund invests in high-quality, short-term U.S. government securities.

Fees: 0.11%

ESG Pool

The ESG Pool Portfolio combines an environmentally and socially responsible core bond fund, with an ESG equity fund, to create a diversified portfolio that’s suitable for long-term holdings. This portfolio is well-suited for moderate risk investors seeking a balanced ESG portfolio, with long-term growth and capital preservation goals. Both funds within the portfolio apply ESG criteria across asset classes and complete security selections with ESG risk oversight. 

Fees: 0.11%

Questions?

Contact Amanda Kwai Pun, Chief Financial Officer, at 973.267.5533.