Your Guide to the Three Investment Pools at ACF

The Alaska Community Foundation (ACF) is committed to making a lasting difference in communities throughout Alaska. One way ACF achieves this is prudent management of its charitable assets, currently totaling $215 million, for long-term sustainable growth. ACF offers three investment pool options for fundholders: The Long Term Pool, the Short Term Pool, and the ESG Pool.

• Long Term Pool: Assets in the Long Term Pool are invested in accordance with the Investment Policy Statement, overseen by the ACF Board of Directors and Investment Committee. The goal of the Investment Policy Statement is to ensure the long-term growth and preservation of the charitable gifts made to ACF funds, allowing for impactful grant-making within Alaskan communities for generations to come. Almost 90% of ACF’s invested assets reside in the Long Term Investment Pool. Fundholder assets reside in this pool unless the fund advisor elects one of the other two options.
• Short Term Pool: The Short Term Investment Pool is an option for assets that will be housed at ACF for less than five years. The Short Term Pool is focused on capital investment with minimal risk and returns and is primarily a money market investment vehicle.
• Environmental, Social, Governance Pool (ESG): Since 2022, ACF’s ESG Investment Pool has allowed fundholders to select a values-based investment style for their funds. The ESG Investment Pool aligns the fundholder’s investments with their beliefs and values. ESG investing integrates environmental (how does a company perform as a steward of nature), social (how a company manages relationships with employees, suppliers, customers, and the communities in which it operates), and governance (how a company’s leadership, executive pay, board, audits, and shareholder rights are addressed) factors into the decision-making process, aiming for positive outcomes beyond financial returns. It’s important to note that the ESG Investment Pool’s returns may differ from those of the other investment pool options. Past performance doesn’t guarantee future results, but ACF’s commitment to responsible investing remains unwavering.

Fundholders may elect an investment pool when their fund is established or during the annual sixty-day open-enrollment period starting June 1. After the initial enrollment period the fund’s investment pool may be changed during the annual election period beginning June 1 through July 31, 2024.