When establishing an account with FJC, you can recommend how the FJC Fund should be invested among various investment pools. Recommendations should be based on risk tolerance and anticipated grant activity. FJC will consider customized investment options for accounts with large balances.
As an independent organization that is not related to a brokerage firm or financial institution, FJC is free to work with various financial institutions to keep expenses as low as possible, generating the best returns possible for our donors. For a summary of previous investment performance, please feel free to contact our office.
You may recommend a reallocation of your account balance among FJC’s investment choices three times each calendar year. Special investment options are available for large balances, subject to FJC’s review and approval. FJC may allow the investment of account funds to be managed by investment managers outside of our in-house options.
Agency Loan Fund
The ALF provides loans at market rates of interest to creditworthy charitable organizations. The net return on the loan portfolio is credited to FJC accounts that select this investment option. The return varies with changes in market interest rates and utilization ratios.
Short Term Bond
The Fund seeks a high level of income consistent with preservation of capital. To pursue its goal, under normal circumstances, the Fund invests at least 65% of its net assets in investment grade debt securities of various types. Current manager: Lord Abbett.
Fixed Income - Intermediate Duration
Invests across multiple sectors and regions, including U.S. Treasuries, agency and corporate bonds, residential and commercial mortgage-backed securities and asset-backed securities. Current manager: Sanford C. Bernstein.
Invests in high-quality U.S. and foreign stocks, emphasizing companies in targeted industries with long-term strategies for growth. Current manager: Janus.
Money Market Portfolio
Invests primarily in U.S. Treasury securities, seeking to provide security of principal, daily liquidity and current income. Current managers: Sanford C. Bernstein and Merrill Lynch.
S&P 500 Index Fund
Seeks to gain diversified exposure to the U.S. equity market, broadly diversified within large-capitalization stocks. Current manager: Vanguard.
Socially Responsive Fund
Invests for long-term capital appreciation in a diversified stock portfolio of large and- mid-sized U.S. companies that is consistent with social and environmental priorities. Current manager: Domini.
Value Equities - Domestic Fund
Seeks long-term capital appreciation and, to a lesser extent, current income. The Fund mainly invests in common stocks of United States companies. Some, but not all, may pay dividends. Current manager: Yacktman
International Growth and Value Equities
Invests in equities of developed markets outside the U.S., diversified by industry and country, which offer attractive return potential. Current manager: Sanford C. Bernstein.
Total Stock Market Index Fund
Invests in the entire U.S. equity market, including small-, mid- and large-cap growth and value stocks. Current manager: Vanguard.