The Cleveland Foundation Pool

The Cleveland Foundation Pool combines a number of donor funds into a single portfolio. The pool allows participating donor funds access to investment mangers and products that traditionally require a very high initial investment.

The Cleveland Foundation Pool follows a multiple-firms approach in which managers are hired for a specific asset class. This method gives the pool the broadest diversification possible in both asset classes and managers.

The Cleveland Foundation’s Investment Committee has set a target asset allocation for the pool of 20 percent large cap equities, 10 percent small cap equities, 20 percent international equities, 15 percent fixed income, 30 percent alternative investments, and 5 percent cash.

The Investment Committee regularly monitors the performance of each of the pool’s managers to ensure that they are continuing to meet the foundation’s investment standards.