Rate of Return

Rate of Return on Investments 2003-2007

Return on Assets for any year is defined as the "Income" for that year divided by the "Average Asset Balance" during that year, and is expressed as a percentage rate.

Income includes that year's gains and losses, but excludes contributions/donations.
Average Asset Balance is the average of the ending asset balances, excluding contribution "receivables," for each of the twelve months during that year.

Historic returns are not a guarantee of future performance which may be lesser or greater than historic returns and are dependent on a number of factors outside of the Foundation's control.