Q3 2019 Diocesan Foundation Update

Foundation investment results for the September quarter have been posted to its website.

The stock market was difficult during the quarter. While the bond market performed better, the combined result was disappointing with only a modest gain. The Foundation’s investment gain was $244 thousand or 0.3%. Total assets increased slightly to $76.2 million.

Foundation Update

Investment results for the Diocesan Foundation for the fourth quarter and the 2018 year have been posted to its website.

The last quarter of the year was horrible for investors and the Foundation suffered significantly.  While the Foundation outperformed other managers and benchmarks for the quarter and the year, investment losses were recorded for both periods.


Diocesan Foundation Update

The website of the Diocesan Foundation has been updated to include results for the quarter ending March 31, 2018.  The update can be found at www.foundation-dwtx.org.

While the Foundation’s managers outperformed other managers, turbulence in both the stock and bond markets resulted in only modest investment gains of $387 thousand or 0.6%.  The Foundation added two accounts during the quarter and had total assets of $69 million on March 31st.
Please contact me if you have questions.