Investment Committee

Silicon Valley Community Foundation’s investment committee is an advisory committee composed of board directors and community volunteers with deep investment expertise. Working closely with staff, the committee assists the board of directors in fulfilling its fiduciary responsibilities for prudent investment of the funds entrusted to the community foundation.

The role of the committee is to recommend policy and provide direction for the investment of the financial assets of the community foundation. Colonial Consulting has been retained by the community foundation to advise on policy, asset allocation and manager selection. Colonial monitors investments and provides performance reporting.

Committee Members

Thurman V. White, Jr.* Committee Chair
President and CEO, Progress Investment Management Company

Samuel Johnson, Jr.* Board Chair
Director of Administrative Services, Notre Dame de Namur University

Nicole Taylor
President and CEO, Silicon Valley Community Foundation

Scott Kupor
Managing Partner, Andreessen Horowitz

 

Gabe Santos
Managing Partner, Homestead Capital USA LLC

Sonya Thadhani Mughal
Executive Vice President, Chief Investment Officer and Chief Risk Officer, Bailard, Inc.

Alan Zafran*
Senior Managing Director and Portfolio Manager, First Republic Investment Management

*Members of SVCF's board of directors

Investment Policy

SVCF's Investment policy is established by the investment committee.

The policy delineates the responsibilities of the committee, consultant and staff, and establishes various parameters for risk management, including portfolio diversification and liquidity.  The investment policy defines risk tolerance and return objective, and establishes a strategic policy allocation designed to achieve these goals. The committee carefully considers capital market risk and return estimates to ensure the policy allocation is appropriate for the investment objective of each pool.

The investment committee reviews the policy annually. Given our long-term view, the policy is revised infrequently and in modest ways. Revisions will be made in response to changes in long-term investment objectives or risk tolerance, fluctuations in economic and investment market conditions, the inception of new asset classes or other factors.