Trusted Partners for Managing Charitable Funds
Strengthening Our Future Through Strategic Investment
The Foundation has long held on to a core goal: to maximize the impact of the gifts we receive from our generous supporters through the responsible growth of the funds entrusted to us.
In 2023, we took a significant step forward in this mission by entering a new investment partnership, sowing the seeds of future success for the community we cherish.
Our new partners, Merrill Lynch’s Investment Advisors the Evelo, Singer, Sullivan, Bruegge Group and JEMM Global Institutional Consulting Group are a team of fiduciary advisors with a track record of excellence in the field of institutional consulting.
Jack Whalen, the Chair of the Foundation’s Investment Advisory Committee, shared his enthusiasm about the collaboration: “Having worked with these advisors for nearly a year, we’re exceedingly impressed by their stellar performance and their commitment to proactive communication. They’ve introduced innovative strategies and ideas that I’m confident will greatly benefit the foundation in the foreseeable future.”
The advisors have long been recognized for their success, being named among the top 100 on Baron’s list of Institutional Consulting teams and ranking #1 on Forbes’ list of teams in Ohio.
David Singer, Managing Director of Merrill Lynch Private Wealth, expressed his anticipation for the ongoing partnership:
We’re excited to continue our work with the Foundation, aiming to help further your impact in the community through the strategic growth of these charitable funds.
Transparent Oversight & Fees
All invested funds are overseen by our Investment Advisory Committee—comprised of respected local professionals with financial expertise—to ensure responsible, long-term stewardship.
Funds participating in our pooled investment portfolio pay an investment management fee averaging less than 0.4% annually. In addition, a 1% annual administrative fee supports the Foundation’s operations, including fund management, donor services, and community grantmaking.
