As part of OICF’s due diligence to our stakeholders and community, the OICF Investment Committee conducted a review of Cornerstone, our financial advisers. The committee researched compliance, fees, and performance, as well as surveyed our fund owners. This week, they presented their recommendations to the full Board, which are detailed in the attached report. This report is the first in what will become a quarterly summary distributed to all of our fund owners (one of the recommendations from the committee).
While the Investment Committee focused on financial returns, investments in OICF also provide social returns for the community. Assuring that there is bridge funding for emergencies, helping build strong boards, providing meeting space, and hosting the GiveOrcas campaigns are just a few of the opportunities that your investments in OICF help support. While these benefits may not show up on the quarterly statements, they are apparent day in and day out in the resilience of the community. Thank you for making it so.
If you are looking for some good clean fun, April 20 is the Great Island Clean Up (https://www.islandssounder.com/news/pick-up-litter-during-great-island-clean-up/). There appears to be PLENTY of trash to keep everyone busy (unfortunately). I will be participating with a team from Orcas Fire and Rescue. We are having a day-long Marine Response Drill and will be using part of the day to clean up on the outer islands of Sucia and Matia. Let’s hope for calm seas.
Wishing you a lovely weekend,
Hilary