THE OBJECTIVE
is to reach $20 million by 2025. As of June 2023 the value of the endowment fund is $4.1 M.
IFFD Foundation is carrying out a fundraising campaign in order to establish an endowment fund whose return will provide the necessary economic stability to the activities promoted by IFFD, and at the same time will make possible the plans for growth and expansion that IFFD is promoting.
THE ENDOWMENT FUND
is managed according to an endowment policy approved by the IFFD Foundation Board of Trustees.
INVESTMENT POLICY
The money is invested in vehicles that are specialized in the management of this type of funds.
Advisory Committee
The asset allocation is defined periodically by an Investment Advisory Committee composed of:
Martín Pich
Chairman. CFA, Manager of a family office
Javier Santomá
Professor of Finance (IESE Business School)
Jaime Puig
General Manager of GVC Gaesco Gestión
Ignacio Contreras
Director at Stelac Advisory Services
The investments of the endowment are managed through Mirabaud Asset Management.
As of April 2023, the main donations have come from*
(*) Some of these grants are multi-year commitments that have not yet been disbursed in its entirety.