Finance and Investments
The Central Susquehanna Community Foundation investments are overseen by Cornerstone Advisors Asset Management, Inc. of Bethlehem, Pa. The Foundation’s Finance Committee holds quarterly face-to-face meetings with Cornerstone to stay up-to-date on the investment portfolio.
For more than 30 years, Cornerstone has been representing individuals, corporations and foundations — helping them make critical decisions regarding the management of their wealth and capital. As of December 31, 2010, Cornerstone Advisors Asset Management (CAAM) was ranked by Financial Advisor Magazine as the 26th largest Registered Investment Advisory firm in the country with assets in excess of $3.3 billion.
Cornerstone manages financial assets for clients who believe in its stewardship approach to doing business. Cornerstone’s mission is to grow, protect, and preserve clients’ assets with a “serve first” philosophy that allows clients to be good stewards of their financial capital. CAAM provides investment consulting and fiduciary services to people and organizations responsible for managing assets on behalf of others. The overall investment objective is to provide superior risk-adjusted return relative to appropriate benchmarks. CAAM’s clients include foundations and endowments, health care institutions, government entities, not-for-profits, retirement plans, corporations and others with assets in excess of $25 million.
Cornerstone is guided by the following set of core principles, which is reflected in its client-first approach to business and makes it a true fiduciary:
- No Conflicts of Interest
- Transparency
- True Open Architecture
- Superior Technology
- Culture of Achievement
- Thought Leadership
- Commitment to Client Service
990 Tax Filings:
Central Susquehanna Community Foundation
2010Sunbury Area Community Foundation
Selinsgrove Area Community Foundation
Financial Statements:
Central Susquehanna Community Foundation