2019 Charitable Expenditures
Eighty percent of the 2019 Charitable Expenditures were allocated to grants while the remaining 20 percent went to charitable expenses.
Asset Allocation as of December 31, 2019
The Asset allocation as of December 31, 2019 was as follows: 27 percent was in US Equity, 25 percent was in Global Ex US Equity, 16 percent was in Alternative Marketable Equity, 11 percent was in Private Equity or Venture Capital, 9 percent was in Bonds and Cash, 7 percent in Emerging Market Equity, and 5 percent was in Private Real Assets.
Total Assets Since Inception
Investment Returns (net of fees) as of December 31, 2019
Annualized Trailing Return (%)
| Fund | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception |
|---|---|---|---|---|---|
| JSF Total Assets | 17.68 | 8.78 | 6.23 | 7.28 | 9.62 |
| Policy Index | 20.16 | 8.88 | 6.16 | 6.70 | 7.62 |
| MSCI AC World Index | 26.60 | 12.44 | 8.41 | 8.79 | 6.83 |
| S&P 500 Index | 31.49 | 15.27 | 11.70 | 13.56 | 9.14 |
| Blbg Barc U.S. Aggregate | 8.72 | 4.03 | 3.05 | 3.75 | 5.26 |
| BOA 91 Day Treasury Index | 2.26 | 1.65 | 1.06 | 0.55 | 2.21 |
| Consumer Price Index | 2.28 | 2.10 | 1.82 | 1.75 | 2.12 |