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.