Attractive investment options and strategies are available to agencies

In its continued effort to help cultivate charitable giving in the Columbus Jewish Community, the Columbus Jewish Foundation recently announced that it will be offering support foundations and agencies the opportunity to select from a variety of attractive investment options and strategies to meet their charitable giving objectives.

“Helping our agencies reach their performance potential is really what is driving this effort.” remarked Foundation Investment Committee Chairman Reid Wasserstrom. “Depending on certain tolerance levels, the Foundation will be able to mix equities and fixed instruments to maximize agency dollars.”

The Foundation will provide complete wrap-around services through the SEI Management Corp., which oversees the sub-advisors and recommendations their hiring, termination, and replacement. SEI is a publicly-traded firm that manages over $123 billion in assets. The benefits of such a relationship include a low basis point cost structure and full reporting and historical performance analysis of various allocations mixes and current returns to assist in determination of preferences. These efforts are provided in tandem with The Columbus Jewish Foundation’s customary accounting and reporting services.

“This is great opportunity for our support foundations and agencies to refine their investment policies and objectives,” notes Stephen Lansky, CFO of the Foundation.  The Columbus Jewish Foundation and its affiliates currently have over $24 million invested with SEI. For more information, please contact Mr. Lansky at 614-338-2365.

To find out more about how you can make a difference in the lives of Jews right here in Columbus and throughout the world, please contact Jackie Jacobs, Executive Director of the Columbus Jewish Foundation at  614-338-2365 or e-mail jjacobs@tcjf.org.