The Rochester Area Community Foundation
organization ends up being three things:
on one end, we’re a fund raiser in terms
of getting donations, but we’re also a grant
maker in terms of giving money away, but in
the middle is where we are managing a pretty
significant pool of investments,” Miller said.
“If we were to describe ourselves as a three
legged stool, the investment management
is really the third leg of that stool. It is
very important as the money comes in, it’s
invested prudently for growth and we’re
able to use the income for grants.”
out pretty well’ or ‘it didn’t work out’,”
Miller explained.
Measuring the Benefit of Funding
Com