Oklahoma City Community Foundation
After the DCSF was formed, it was determined that the endowment required professional investment management. The Oklahoma City Community Foundation was chosen to manage the foundation's investments. The Oklahoma City Community Foundation is a local, very well respected, non-profit, public charity that specializes in the investment management of nonprofit endowments. Our association with the Oklahoma City Community foundation allows us the have expert investment management by the nations' 16th largest community foundation. The Oklahoma City Community foundation has literally hundreds of millions of dollars in assets in hundreds of different endowments. The expenses charged by the OKC community foundation for investment management is minimal compared to the benefits we receive from this locally operated, highly respected organization. The annual disbursement from the OKC Community foundation to the DCSF is calculated by averaging the total value of the DCSF investments for each of the past 12 quarters and disbursing 5 percent of that value each year. The amount of this disbursement combined with the contributions we receive that year from patron donations are used to fund the teacher grants and other activities. |