FUNDING
HBEF ENDOWMENT
The HBEF Endowment Fund stands as a steadfast pillar, providing a reliable and sustainable source of funding for our schools. Since its inception in 1992, this fund has seen steady growth through annual contributions of 20% from HBEF fundraising events, direct donations to the endowment, and gains from investments. As of September 30, 2024, the fund has reached an impressive balance of $4.14 Million.
What makes the HBEF Endowment Fund truly special is its accessibility. It welcomes contributions from anyone who believes in the power of quality education. By contributing to the endowment, you’re not only investing in the growth of our schools but also in the overall development of our community. For those interested, donations of appreciated marketable securities are also graciously accepted.
Your involvement in the endowment fund isn’t just a donation, it’s a forward-looking investment that will yield dividends for both our schools and our community in the years to come. If you’re curious to learn more about the endowment fund and the various ways you can participate, please don’t hesitate to reach out to us at endowment@hbef.org. Together, we’re laying the foundation for a brighter future.
Portfolio Asset Allocation: as of 07/31/24
Asset Allocation
Equity
—Domestic
—International
Fixed Income
Alternatives
—Bitcoin
Cash/Cash Equivalents
Current
70%
42%
28%
20%
2%
2%
8%
Target
60%
–
–
30%
10%
–
0%
Difference
10%
–
–
-10%
-8%
–
8%
YTD Performance
Beginning balance: 12/31/2023
Contributions/(distributions)
Net invested funds
Investment income, gains/(losses)
Ending market value: 09/30/2024
.
$ 3,546,659
$ 114,046
$ 3,660,705
$ 480,364
_______________
$ 4,141,069
YTD Total Return: 09/30/2024
Portfolio total return
Benchmark*
Benchmarks:
—S&P 500 (total return)
—Barclays Aggregate Bond Index
—ACWI ex US
—Bitcoin (since allocation 7/19/24)
.
13.54%
15.03%
22.08%
4.45%
15.23%
-14.83%