Financials

As of December 31, 2016, the assets of the Foundation totaled $21.9 million. These assets are held in more than 280 funds. 

Maintaining our long-term perspective, we are confident the funds you have entrusted to us will continue to grow over time. Above all, remember, that the Marietta Community Foundation was established as a permanent resource for this community.

Assets

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Investments

The Foundation’s Board of Governors and Board of Directors (Board) acknowledges that its ability to disburse funds is directly linked to and influenced by its investment approach.  Because the Foundation is a Community Foundation, the vast majority of its assets are comprised of endowments for unrestricted as well as donor-designated charitable needs.  With an investment time horizon of essentially forever, the Board takes a long-term view in setting and monitoring the impact of these policies.

The Board acknowledges its fiduciary responsibility for all assets held by the Foundation. Foundation assets are managed in a careful and diligent manner consistent with that of a prudent investor in accordance with the Ohio Uniform Prudent Investor Act.

The Foundation’s investment portfolios are constructed in such a way as to achieve their return objectives while minimizing volatility to the degree possible. This is best accomplished through the use of a well-diversified asset allocation strategy. The Foundation has adopted a strategic long-term asset allocation for each portfolio.

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Annual Audit & Form 990's

Marietta Community Foundation's current, as well as past, Form 990's, 990-T's and Annual Audit's are made available to the public. You may pick up a copy at our office located at 100 Putnam Street, Downtown Marietta (Office hours are 8:00 a.m. to 4:00 p.m.). Please allow approximately an hour for staff to make copies for requests made in person, or call the foundation at 740-373-3286 to make other arrangements to receive a copy. 

You may also view the Foundation's Guidestar Report online. Here you will also find links to the Foundation's IRS 990's and financial statements.

Guidestar Report