Investments

Funds entrusted to the Ohio District Kiwanis Foundation are invested under the guidelines of an Investment Policy adopted in July, 2009, by the Board of Directors. This policy outlines the fiduciary responsibilities of the Foundation and its investment advisers. It establishes categories of investments which have a goal of preserving purchasing power and growth of capital.

After adoption of the new Investment Policy, the Board of Directors has contracted with Morgan Keegan to manage the investment of funds.

In calendar year 2007, the time weighted performance was 8.74%.