Updated: Nov 20
Even as market volatility impacts our investments today, the Community Foundation of Jo Daviess County provides long-term benefits.
Events close to home and around the world have had a significant impact on the stock market and, as a result, the Community Foundation's investments.
While the S&P 500 AND NASDAQ have lost 17% and 28% respectively, our investment portfolios have fared significantly better, declining by 9.03% since January 1 and 8.88% since October of last year. In addition, we saw sizable gains between 2019 and 2021
The recent market volatility highlights the importance of endowments and vehicles for community impact. The fixed percentage they pay out each year makes them stable, reliable sources of funding and tools for grantmaking.
Starting an endowed fund or making a gift to a fund for a cause you care about at the Community Foundation is a proven investment in our community's future.
The Community Foundation of Jo Daviess County fosters giving and invests in communities in Northwest Illinois. At the Community Foundation of Jo Daviess County, we strengthen the communities in our county by inspiring community members to give, making grants to strengthen nonprofits, and investing in long-term community initiatives.