Endowment

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%

 

*Benchmark is based on 60% of S&P 500 index and 40% Barclays Aggregate Bond Index
Alternate benchmark is based on 45% of S&P 500, 15% ACWI ex USA, and 40% Barclays Aggregate Bond Index