INVESTMENTS
The investing of the Gilroy Foundation’sendowment
is supervised via the Silicon Valley Community
Foundation (SVCF),
managed by a team of professional investment managers and invested along
with
Community Foundation’s assets to maximize the investment potential.
Only 1% ofthe Foundation funds
are used for administration fees.
The Gilroy Foundation’s operating costs are covered by annual fundraising at their Garlic Festival’s Wine
Booth and at the annual “A Day In The Country” auction.
All funds donated to the Foundation’s endowment have created a permanent savings account for the
community. Only 5% of the balance is granted out each year, with excess interest earned being reinvested
for the future.
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