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Investments
The Foundation manages funds for Kentucky and Southern Baptist-related churches, associations, institutions and agencies and certain other IRC §501(c)(3) organizations. At fiscal year-end August 31, 2009 funds under management by the Foundation totaled $146.7M and included permanent endowments, charitable remainder trusts, charitable gift annuities, donor-advised funds and revocable accounts.
Our Approach
The Foundation operates three investment pools: equity, fixed income and
alternative investments.
Funds are invested in the asset allocation that best accomplishes
the objectives of the client/beneficiary.
The hallmarks of the investment services are: top-ranked performance, below market cost and Christian-based social screening.
| Roster of Investment Managers |
Equity Fund |
Victory Capital Management - Cleveland, OH |
Domestic Large Cap Core |
AllianceBernstein, L.P. - New York, NY |
Domestic Large Cap Core |
EARNEST Partners - Atlanta, GA |
Domestic Small Cap Value |
Mainstream Investment Advisers – New Albany, IN |
Domestic Small-Mid Cap Growth |
Wentworth, Hauser & Violich - San Francisco, CA |
International Large Cap Growth |
Thornburg Management Co. - Sante Fe, NM |
International Large Cap Growth |
Harbor - Chicago IL |
International Large Cap Core |
| BlackRock Investments, LLC - New York, NY |
Multi-Asset Global
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| Fairholme Capital Management, LLC - Providence RI |
Multi-Cap Core
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| First Pacific Advisors, LLC - Los Angeles, CA |
Multi-Asset Global
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| Ivy Investment Management Co. - New York, NY |
Global Flex
|
Fixed Fund |
PIMCO Global - Newport Beach, CA |
Intermediate Term |
Hillswick Asset Management - Stamford, CT |
Intermediate Term
Top Down |
Barrow, Hanley, Mewhinney & Strauss - Dallas, TX |
Intermediate Term
Bottom Up |
Vanguard - Valley Forge, PA |
Total Bond Market Index Fund |
CDARS |
Certificate of Deposit Account Registry Service |
| Roster of Alternative Investments Managers |
| Sterling Stamos Capital Management, L.P. - New York, NY |
Absolute Return
Diversified Fund |
| Sterling Stamos Capital Management, L.P. - New York, NY |
Global Long/Short
Equity Diversified Fund |
| Merrill Lynch Systematic Momentum - New York, NY |
Managed Futures Fund of Funds |
| BlackRock Investment Management, LLC - Plainsboro, NJ |
Private Equity
VESEY Street Fund IV, L.P. |
PNC Bank is the master custodian of all funds managed by the Foundation.
Merrill Lynch provides an independent performance monitoring service.
Deming, Malone, Livesay & Ostroff, PSC is the independent firm which conducts the Foundation's annual audit.
Why the Kentucky Baptist Foundation for your Organization's Investment Needs?
- Top-ranked performance
- Complete package of investment management, administration and fiduciary oversight at below market cost
- Economies of scale resulting in complete package at a reduced cost
- Flexibility in selection of an asset allocation to meet client’s objective(s) – with automatic rebalancing
- Christian-based social screening
- Risk limitation through diversification and quality standards
- Timely, dependable income distribution plan via direct deposit
- Clear, comprehensive accounting reports and on-line access
- Relief to client organization’s committee and staff from day-to-day investment research, analysis, decision making, transacting and reporting
- Unique blend of competent, competitive investment service and a commitment to the growth of the user-organization’s ministry.
Please call the Foundation office for further information about the Foundation's institutional investment services at (502) 489-3533 or 1-866-489-3533 (Kentucky only) or email us.
Performance
Past performance does not guarantee future results.
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