The Foundation for the Endowment of the American Birkebeiner is a fund of the Eau Claire Community Foundation (ECCF). The Fund was established for the purpose of supporting and promoting the activities of the American Birkebeiner. As the Endowment grows, it will support the work of the Foundation for the Endowment of the American Birkebeiner, Inc. through its Priority and Legacy Funds.
ECCF carefully stewards the charitable funds entrusted to it. It prudently invests its charitable funds so that they may strengthen the community for current and future generations.
The ECCF Board of Trustees is responsible for the oversight and management of the ECCF investment portfolio. The ongoing work is carried out by the Investment Committee.
The objectives of the Investment Committee include:
- To preserve and enhance earning power by pooling ECCF’s financial assets
- To produce favorable total returns when compared to Policy benchmarks
- To maximize value with a prudent level of risk and reasonable distribution
- To generate a steadily growing stream of income and to maintain and enhance the principal of the assets by aiming for consistent returns through all market cycles
The ECCF manages over $15 million in assets and has distributed over $5 million in grants since its establishment in 1997. Working together, we will help ensure that the Birkie plays a vibrant role in Wisconsin’s culture for years to come.