Financial Information
The Community Foundation of Prince Edward Island acknowledges that every endowment fund that is established with, and every donation that is made to, the Foundation requires that we demonstrate our capacity to ensure that investments are managed wisely. To this end, the CFPEI Investment Committee ensures that the portfolio professionally managed according to a comprehensive statement of investment policies and guidelines which specifies an asset mix of securities for growth and for income and stability.
The Community Foundation of Prince Edward Island currently holds more than 50 individual funds totally approximately $1.5 million. The portfolio is managed by Philips, Hager and North (PH&N), one of Canada's top institutional and non-profit investment managers. PH&N provides investment and management advice to maximize the Foundation's capacity to fund grants and awards to worthy community projects.
Financials:
Annual Reports
Investment Management:
The Board of directors is ultimately responsible for management of CFPEI's investment portfolio under the guidance of the Investment Committee. The Committee works closely with our investment managers and our fund holders to determine the best investment options, and to establish appropriate benchmarks to monitor the performance of the portfolio.
Our Investment Committee:
- Rogers Bell
- Tom Davies
- Stanley Macdonald
- John Robinson
- Joyce Gaudet
- George Wright
- Noman LaLonde
Solicitor:
James Travers, Stewart McKelvey Stirling Scales
Auditor:
David Arsenault, Arsenault Best Cameron Ellis
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