Overall Rating Silver - expired
Overall Score 59.14
Liaison Nurit Katz
Submission Date Aug. 2, 2011
Executive Letter Download

STARS v1.1

University of California, Los Angeles
PAE-T2-9: Investment Disclosure

Status Score Responsible Party
Complete 0.25 / 0.25 Nurit Katz
Chief Sustainability Officer
Sustainability
"---" indicates that no data was submitted for this field

Does the institution make a snapshot of its investment holdings, including the amount invested in each fund and/or company and proxy voting records, available to the public?:
Yes

A brief description of the institution’s investment disclosure practices:

The purpose of The UCLA Foundation's Endowment is to support the educational mission of the University of California, Los Angeles by providing a reliable source of funds for current and future use. The Endowment assets have an indefinite time horizon that runs concurrently with the existence of the University in perpetuity. As such, the investment portfolio assumes a time horizon that may extend beyond a normal market cycle and therefore may assume an appropriate level of risk as measured by the standard deviation of annual returns. It is expected that professional management and portfolio diversification will smooth volatility and assure a reasonable consistency of return. Investment of the Endowment is the responsibility of the Investment Committee and the Investment Management Committee. Under the direction and approval of the Board of Directors, the Investment Committee recommends investment objectives and policies, recommends asset allocation and monitors the implementation and performance of the Foundation's investment program. Under the direction and approval of the Board of Directors, the Investment Management Committee is responsible for selection and termination of managers. The Committees are supported by the office of the Vice President-Finance of The UCLA Foundation, which, with support from independent third party investment management consultants who analyze investment policies and management strategies, make recommendations to the Committees and supervise operations and investment activities.


The website URL where information about investment disclosure available:
Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.