Investment Oversight

Adirondack Foundation continually reviews its asset allocation strategy and manager selection. The key to our long-term success includes a combination of highly skilled investment managers and a strong, intelligent discipline with regard to asset allocation. Assisting Adirondack Foundation with these functions is a Finance Committee made up of business and investment leaders from throughout the region.

Each quarter, Colonial Consulting provides Adirondack Foundation with an in-depth analysis of each manager's investment performance. New investment managers are selected when the Finance Committee seeks greater depth in a particular asset class. And, investment managers will be dismissed if they demonstrate poor performance, veer from the investment discipline for which they were hired, or experience unfavorable changes in the organizational structure of their investment firm including loss of investment talent.

What type of investment oversight is provided?

Adirondack Foundation, along with its investment consultant and committee, continually reviews its asset allocation strategy and investment manager selection. To see a list of our current Investment Committee members, please contact us directly. 

How are our investment managers chosen?

Drawing on its wide industry contacts and experience, Colonial recommends managers they believe produce above-market returns.

What is our asset allocation?

Asset Allocation

Strategic Target

 Fixed Income

17.0%

 Short Term Investments

0.0%

 Aggregate Bonds

12.0%

 Non-US Bonds

5.0%

 High Yield

3.0%

 Equities

60.0%

 U.S. Large/Mid Cap Equity

27.5%

 U.S. Small Cap Equity

7.5%

 International Equity

17.5%

 Emerging Markets Equity

7.5%

 Alternative Investments

23.0%

 Hedge Funds

17.0%

 Direct Real Estate

0.0%

 Commodities

3.0%