Q3 Update

The website has been updated with performance information for the quarter ending September 30th.

Investment markets continued to be difficult. Performance of common stocks improved from the June quarter, but remained in the red. Performance of bonds worsened, with bond losses of 14.5% for the year. Money Market yields increased to about 0.4%.

Performance of the Foundation’s managers improved for the quarter and are in line with other managers. The Foundation’s investment loss for the quarter was $4.5 million or -4.2%.

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