The Committee manages two investment pools. The primary pool includes the General Endowment, the Memory Fund Endowment, the CLUUC Social Justice Council funds, the Kiplinger Endowment, and the Morris Fund. The secondary pool is the Pooled Income Fund.
The Committee monitors the performance of existing investments, evaluates prospective investments, sets targets for allocation of assets between stock mutual funds, bonds, and bond funds, and between domestic and international investments. This allocation is maintained to maximize the return on the money invested and to insure the security of the fund.