Information for the Diocesan Foundation has been updated for the fourth quarter of 2020. Highlights:
- Investment gains for the quarter totaled $12 million; for the year $17.5 million
- Quarter gain percentage of 11.6%; for the year 18.3%
- Total assets at year-end totaled $115.7 million–a new high
- Foundation managers outperformed other managers and passive indices by significant amounts for the year.
We can all be thankful that in a year when many things were dark, investment markets were a bright spot.