FINANCIALS
Spending Policy
The performance objective is to grow the market value of assets net of inflation, spending, and expenses, over a full market cycle (generally defined as a three-to-five-year period) without undue exposure to risk.
Because the portfolio is expected to endure into perpetuity, and because inflation is a key component in its performance objective, the long-term risk of not investing in growth securities outweighs the short-term volatility risk. As a result, most assets will be invested in equity or equity-like securities.
If you have any questions, please contact us at 814.454.0843, and ask to speak to a member of the Finance Team.
Financial Information
Consolidated Financial Statements
Years Ended
Dec. 31, 2022 – 2021
Consolidated Financial Statements
Years Ended
Dec. 31, 2021 – 2020
Consolidated Financial Statements
Years Ended
Dec. 31, 2020 – 2019
Consolidated Financial Statements
Years Ended
Dec. 31, 2019 – 2018
Consolidated Financial Statements
Years Ended
Dec. 31, 2018 – 2017
Consolidated Financial Statements
Years Ended
Dec. 31, 2017 – 2016
In 2023, The Erie Community Foundation:
AWARDED
2,025 grants totaling $22,644,614
RECEIVED
35,024 gifts totaling $32,958,387
Today, we are home to 900 plus endowments valued at approximately $417 Million.
Statistics
Our fiscal year is January 1 through December 31.
IRS E.I.N. Number: 25-6032032