Community foundations are looking to increase their allocations to private markets investments, a new survey finds.
FEG Investment Advisors’ 2024 Community Foundation Survey found that 43% of community foundations plan to increase their allocation to private investments this year, which comes at a time when the average allocation to private investments among participating community foundations increased to 9% from 7.1% last year.
Disclosure
The Community Foundations data is obtained from the proprietary FEG 2024 Community Foundation Survey. The study includes a survey of 107 U.S. Community Foundations. The survey was open for responses online from January 16 - March 8, 2024. Participants did not pay to be included in the survey. Participants also had the option to complete as a word document and email the results back to FEG. The data from this survey was grouped into between five and seven categories based on assets of the community foundation with assets ranging from less than $25 million to greater than $1 billion. The information in this study is based on the responses provided by the participants and is meant for illustration and educational purposes only.