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HomeMy WebLinkAboutAgenda Packet - LB - 2019.01.15� CITY rycl��i ius� I RPORATED � City of Burlingame Meeting Agenda - Final Library Board of Trustees BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Tuesday, January 15, 2019 5:30 PM Library Conference Room 1. CALL TO ORDER 2. ROLL CALL 3. APPROVAL OF MINUTES a. Approval of Library Board of Trustee Minutes for November 20, 2018 Attachments: Meeting Minutes b. Approval of Library Board of Trustee Minutes for December 18, 2018 Attachments: Meeting Minutes 4. FROM THE FLOOR (PUBLIC COMMENTS) Members of the public may speak about any item not on the agenda. Members of the public wishing to suggest an item for a future Library Board of Trustee agenda may do so during the public comment period. The Ralph M. Brown Act (the State local agency open meeting law) prohibits the Library Board of Trustees from acting on any matter that is not on the agenda. 5. CORRESPONDENCE AND INFORMATION a. December 2018 Statistics Attachments: December 2018, Trailing 12 Months b. Trustee Account Balance and Detailed Spending Report Attachments: Trustee Account, Library Trustee Account 6. REPORTS a. City Librarian's Report Attachments: Report b. Foundation Report C. Speaker's Series City of Burlingame Page 1 Printed on 6/7/2019 Library Board of Trustees Meeting Agenda - Final January 15, 2019 d. Strategic Plan e. Trustee Account Balance and Detailed Spending Report 7. UNFINISHED BUSINESS a. Staff Appreciation Event b. Kanopy 8. NEW BUSINESS a. Revision to Holiday Schedule for 2019-2020 Attachments: 2019 Holiday Schedule b. Scheduling of Shade Purchases C. Book Store Discussion d. Silicon Valley Community Foundation Attachments: Summary, Detailed Summary, BBNC Fund Summary, Duncan Statement, Farrel Statement 9. ANNOUNCEMENTS 10. ACTION ITEMS 11. ADJOURNMENT Any writings or documents provided to a majority of the Library Board of Trustees regarding any item on this agenda will be made available for public inspection at the Reference Desk of the Burlingame Public Library, 480 Primrose Road, Burlingame, California. City of Burlingame Page 2 Printed on 6/7/2019 K� CITY � �Ya 11 ysiN' I I �c �� 9 OgPORATED City of Burlingame Staff Report File Number: 19-52 File Type: Discussion Item Version: 1 BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Status: Agenda Ready Agenda Date: 1/15/2019 Agenda Number: a. To: Library Board of Trustees From: Title: Approval of Library Board of Trustee Minutes for November 20, 2018 City of Burlingame Page 1 Printed on 6/7/2019 Burlingame Library Board of Trustees Minutes November 20, 2018 Roll Call Trustees Present: Kerbey Altmann, Andy Blanco, Randi Murray, Mike Nagler, Lisa Rosenthal Staff Present: Tommy McMahon, Adult Services Manager Sidney Poland, Recorder Staff Absent: Brad McCulley, City Librarian II. Library Board of Trustees Minutes The Trustees unanimously approved the minutes from the October 16, 2018 Board Meeting (Rosenthal /Altmann) III. From the Floor (Public Comments) There were not any representatives from the public who attended the Trustee meeting. IV. Statistics The Trustees reviewed the new trailing 12-month chart which shows the overall trend in Circulation, E-Media Circulation, Study Room Usage and Technology Laboratory Usage. This chart will be included on a monthly basis. V. Reports A. City Librarian's Report • Personnel Update - Circulation is recruiting for Library Aides. Adult Services and Children's Services are holding a combined recruitment. Recruitment information is available on Calopps.org. • Anson Burlingame Event - On November 16th, the library hosted the dedication of the Anson Burlingame Bust created and donated by the artist ZHOU Limin to the City of Burlingame. Dignitaries from the Chinese Consulate, City Council members, members of City Commissions and other interested parties attended the event. The bust of Anson Burlingame will reside permanently at the Burlingame Library. • California Library Association Conference -Nov. 8th_11th Elaine Tai, Adult Services Librarian, gave two presentations at CLA. One was on marketing and the other on art in the library. Elaine has been instrumental in organizing an art event the first Friday of every month. B. Foundation Report No Report C. Speaker's Series No Update 1 D. Strategic Plan • The Strategic Plan has 5 goals: A. Provide Engaging, Customized Experiences, B. Build Inclusive Community Connections, C. Foster a wide range of literacy and life skills, E. Enable our staff members to thrive, grow and be deeply engaged in realizing our vision and mission. • Last year the staff worked on Goals B and E. Currently the staff is working on goals C and D. Staff in each department will discuss ways in which they are supporting the goals such as programs or activities. • Staff in all departments will meet to discuss the progress that is being made in their efforts to support the specific goals. E. Overdrive Advantage — Tommy gave the Trustees a brief overview of the workings of Overdrive Advantage. The program allows the library to supplement the Peninsula Library System's shared e-book collection with additional items or additional copies of popular items. VI. Unfinished Business A. Edelweiss Analytics Edelweiss is a software program that simplifies the process of retrieving information relating to collection development. Here are some of examples of how Edelweiss can be useful to libraries. • Help to weed the collection. • Assist in providing information as to library materials that could possibly be an addition to the collection. • Provides information on library materials that other libraries are adding to their collection. • Shows what is trending in different libraries throughout the United States that use it as a collection development resource. B. Staff Gift Cards for Library Cafe The Trustees approved the motion of Trustee Murray to give each employee a $ 10.00 gift certificate to the Fika Cafe for the total amount of $750. M/S/C (Murray/Altmann) C. Update on Employee Pay Comparisons with Other Libraries Currently there are 5 different pay increases for the Library Aide position. Each step is approximately a 5% increase. Management staff is in the process of conducting a survey with other libraries in the PLS system to determine what their salary schedule is for the Library Aide position. D. 3D Printing Tommy showed the Trustees a sample of a hand prosthesis that Jason created with the 3-D printer. There is a kit that provides screws and Velcro. The hope is that by using the 3-D printer as a tool to create prostheses the cost will be less expensive. 2 VII. New Business A. Cancellation of December Meeting The Trustees decided to meet in December to discuss and approve funding for the Edelweiss Analytics software. B. Staff Recognition Event Trustee Nagler will contact Francesca at Sixtos Cantina to discuss plans for this event. Sunday, January 27th is the requested date. C. Library Security Trustee Nagler expressed his concern that weekend staff be trained on security measures. Panic buttons have been installed at the public desks. Also, a police radio has been placed in the Circulation workroom. This device connects directly with the police department. Emergency Training are as follows: • Emergency Action Plan - December 11th • Active Shooter Training - December 13th • Both of these trainings will be filmed for staff that could not attend. D. Holiday Schedule The Trustees approved the Holiday Library Schedule for 2019. M/S/C (Rosenthal/Randi) VIII. Adjournment The Meeting was adjourned at 6:20pm. M/S/C (Rosenthal/Altmann) The next meeting of the Library Board of Trustees will be held on December 18, 2018 in the Upper Level Meeting Room at 5:30pm. Respectfully Submitted Brad McCulley City Librarian City of Burlingame 3 K� CITY � �Ya 11 ysiN' I I �c �� 9 OgPORATED City of Burlingame Staff Report File Number: 19-53 File Type: Discussion Item Version: 1 BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Status: Agenda Ready Agenda Date: 1/15/2019 Agenda Number: b. To: Library Board of Trustees From: Title: Approval of Library Board of Trustee Minutes for December 18, 2018 City of Burlingame Page 1 Printed on 6/7/2019 Burlingame Library Board of Trustees Minutes December 18, 2018 Roll Call Trustees Present: Kerbey Altmann, Andy Blanco, Randi Murray, Mike Nagler, Lisa Rosenthal Staff Present: Brad McCulley — City Librarian Sidney Poland - Recorder II. Library Board of Trustees Minutes The Trustees unanimously approved the minutes from the November 20, 2018 Board Meeting with the correction of "Strategic Plan" Goal E. changed to goal D. (Murray /Nagler) III. Amendments to the December Agenda The Trustees approved the addition of Kanopy and Library Security to the December Agenda. M/S/C (Nagler/Murray) IV. From the Floor (Public Comments) There were not any representatives from the public who attended the Trustee meeting. V. Statistics The Trustees reviewed the November trailing 12-month chart. Trustee Murray noted that the 12-month chart gives a better sense of trends over time. VI. Reports A. City Librarian's Report • PLS has updated their procedures regarding Law Enforcement Requests. Previously these requests were known as "Patriot Act Requests". The updated procedures have not been finalized. • Library Security Camera Policy is pending approval by the City Attorney. B. Foundation Report - No Report- Did not have December meeting. C. Speakers Series The potential exists for the Director of the National Portrait Gallery to be the speaker at the next event. The subject would be the Year of the Woman. D. Strategic Plan • Goal B. Build Inclusive Community Connections — Staff has reached out to the community by going out of the library to promote our services and programs. The library bike has been an effective tool to get the attention of children and adults on the avenue and other City events such as Music in the Park. The Outreach Program, overseen by Jan Eustis is another example of staff bringing our services to those who cannot visit the library themselves. 1 Goal B Continued - Future plans to further implement Goal B are to hire a Volunteer and Outreach Coordinator in an effort to build a stronger volunteer program. Goal C - Foster a wide range of literacy and life skills. The Children's staff is off to a good start in promoting Goal C through their efforts to 1) educate and support parents and caregivers in their role in early literacy and school success and 2) provide early literacy workshops and tools. Goal E - Enable our staff members to thrive, grow and be deeply engaged in realizing our vision and mission. - Examples of how this goal is being implemented follow. • Staff Development Day - library closed - all staff participate • More of the library staff is interested in attending library conferences and workshops held outside the library. CLA held in November attracted many staff members. Staff prepared reports from workshops attended to present to the managers. Brad noted that Jenny Miner tied her report to the goals of the Strategic Plan. VII. Unfinished Business A. Edelweiss Analytics The Trustees unanimously passed a motion to fund the purchase of Edelweiss for a period of 1 year at a cost of $5,500.00 which includes the one time set up fee of $500.00. M/S/C (Murray/Altmann) B. Flexible Staffed Library Aide Human Resources has approved a $2.00 raise for each of the 5 steps in the Library Aide I Classification and also created a new Classification entitled Library Aide II. These salary additions and new classification will provide a flexibly staff situation for the Circulation Manager and the Aide supervisor with regard to the hiring process. C. Staff Recognition Event Maryam has completed the invitation which will be sent out the first week of January D. Library Security Trustee Nagler was concerned that many of the weekend staff did not attend the Active Shooter Training. Brad noted that Jason filmed the event and staff who could not attend the training would be advised that the video is available. The Active Shooter Training was a voluntary training. Leaving the back door open in the morning for the delivery man is a security issue that staff will monitor. 2 VIII. New Business A. Easton Air Conditioning • The Trustees reviewed the estimate for the design phase in the amount of $47,360. • Brad noted that the estimate for the entire project would be approximately $200,000. • It was suggested that perhaps Easton could have different hours in the summer. • Due to cost factors for the design and installation, the Trustees agreed that the project should be tabled. • Brad will meet with Kathy von Mayerhauser to discuss at what degree the temperature inside Easton on a very hot day becomes a safety issue to staff and require that the library be closed. B. Books Inc. Trustee Murray and Nagler, and some members of the City Council have met with the owner of Books Inc. to try and find another venue for Books Inc. on or near Burlingame Avenue. C. Kanopy Streaming Video Service • Kanopy is an on -demand streaming video service for public libraries and educational institutions. • PLS Info Services has selected Kanopy as their streaming video service. • Cost of this service is between $3,000 and $5,000 depending on patron usage. • Due to cost factors some libraries will not be able to provide Kanopy until July 2019. • Burlingame Library will be able to finance this service as of January 2019. • Tommy McMahon will be the administrator for Kanopy. • The Trustees unanimously approved the motion to fund Kanopy in the minimum amount of $3,000 beginning in January of 2019. M/S/C (Murray/Blanco) IX. Action Item Trustee Murray would like a monthly report that defines the total amount of approved funding requests and grants that the Trustees are asked to finance throughout the year. X. Adjournment The Meeting was adjourned at 7:00pm. M/S/C (Altmann/Blanco) The next meeting of the Library Board of Trustees will be held on January 15, 2019 in the Upper Level Meeting Room at 5:30pm. Respectfully Submitted Brad McCulley City Librarian City of Burlingame 3 K� CITY � �Ya 11 ysiN' I I �c �� 9 OgPORATED File Type: Discussion Item City of Burlingame Agenda Date: 1/15/2019 To: Library Board of Trustees From: Title: December 2018 Statistics Staff Report File Number: 19-54 BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Version: 1 Status: Agenda Ready Agenda Number: a. City of Burlingame Page 1 Printed on 6/7/2019 BPL Circulation and Study Room Usage —Main Circ —Easton Circ —E-media Circ —Study Room Usage —Tech Lab Usage 2.200 E-media 5,217 2.000 1.800 1.600 Tech Lab 472 1.400 Study Rooms 363 1.200 1.000 Easton 0.800 5,183 Main 37,107 0.600 Dec Dec Dec Dec Dec Dec 2013 2014 2015 2016 2017 2018 BPL Circulation and Study Room Usage - Trailing 12 Months Chart -Main Circ -Easton Circ -E-media Circ -Study Room Usage -Tech Lab Usage 1.300 E-media 1.200 Tech Lab Study Rooms 1.100 1.000 Main Easton 0.900 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 2018 2018 2018 2018 2018 2018 2018 2018 2018 2018 2018 2018 K� CITY � �Ya 11 ysiN' I I �c �� 9 OgPORATED City of Burlingame Staff Report File Number: 19-55 File Type: Discussion Item Version: 1 BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Status: Agenda Ready Agenda Date: 1/15/2019 Agenda Number: b. To: Library Board of Trustees From: Title: Trustee Account Balance and Detailed Spending Report City of Burlingame Page 1 Printed on 6/7/2019 LIBRARY TRUSTEES ACCOUNT DETAIL FISCAL 2018-2019 11/30/2018 Account No Name 7/ 1 / 18 Balance 5320 Copier Fund $ 12,145.15 $ 5330 General Donations $ 1,388.42 5340 Duncan Collections $ 50,522.54 5350 Education and Appreciation $ 2,413.82 5360 Farrel (Julia) Book Fund $ 9,056.78 5390 Willert (Wayne) Fund $ 5,777.47 Total $ 81,304.18 $ CITY OF BURLINGAME OTHER LOCAL GRANTS & DONATIONS FISCAL YEAR 2018-19 AS OF NOV. 2018 YTD YTD 11/30/2018 Revenue Expenses Balance Expense Detail 1,037.65 $ 867.82 $ 12,314.98 Copier and Lease expenses $ 1,388.42 $ 1,183.92 $ 49,338.62 Sound for Speaker Series- Gavin Jones $ 2,413.82 $ 9,056.78 $ 5,777.47 $ - $4986.39 Shades for Reading Room $516.08 Gavin Jones Sound $275.00 Roto Rooter for Cafe 1,037.65 $ 7,829.21 $ 74,512.62 Updated: 1212712018 11/30/18 Balance YTD- YTD- Balance DEPT REV# EXP# DESCRIPTION 7/1/2018 Revenues Expenditures 11/30/2018 LIBRARY 39525 69525 Library Trustee Account 81,304.18 $ 1,037.65 7,829.21 74,512.62 Library Trustees Account November 30, 2018 Account No. Description Balance 5320 Copier Fund $ 12,314.98 5330 General Donations $ 1,388.42 5340 Duncan Collection $ 49,338.62 5350 Education and Appreciation $ 2,413.82 5360 Farrel (Julia) Book Fund $ 9,056.78 5390 Willert (Wayne) Fund $ - Total $ 74, 512.62 LIBRARY TRUSTEES ACCOUNT DETAIL FISCAL 2018-2019 11/30/2018 Account No Name 7/ 1 / 18 Balance 5320 Copier Fund $ 12,145.15 $ 5330 General Donations $ 1,388.42 5340 Duncan Collections $ 50,522.54 5350 Education and Appreciation $ 2,413.82 5360 Farrel (Julia) Book Fund $ 9,056.78 5390 Willert (Wayne) Fund $ 5,777.47 Total $ 81,304.18 $ CITY OF BURLINGAME OTHER LOCAL GRANTS & DONATIONS FISCAL YEAR 2018-19 AS OF NOV. 2018 YTD YTD 11/30/2018 Revenue Expenses Balance Expense Detail 1,037.65 $ 867.82 $ 12,314.98 Copier and Lease expenses $ 1,388.42 $ 1,183.92 $ 49,338.62 Sound for Speaker Series- Gavin Jones $ 2,413.82 $ 9,056.78 $ 5,777.47 $ - $4986.39 Shades for Reading Room $516.08 Gavin Jones Sound $275.00 Roto Rooter for Cafe 1,037.65 $ 7,829.21 $ 74,512.62 Updated. 1212712018 11/30/18 Balance YTD- YTD- Balance DEPT REV# EXP# DESCRIPTION 7/1/2018 Revenues Expenditures 11/30/2018 LIBRARY 39525 69525 Library Trustee Account 81,304.18 $ 1,037.65 7,829.21 74,512.62 K� CITY � �Ya 11 ysi�l II 2 �� 9 OgPORATED File Type: Discussion Item City of Burlingame Agenda Date: 1/15/2019 To: Library Board of Trustees From: Title: City Librarian's Report Staff Report File Number: 19-56 BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Version: 1 Status: Agenda Ready Agenda Number: a. City of Burlingame Page 1 Printed on 6/7/2019 City Librarian Report to Board of Trustees January 15, 2018 BURL 01 NOAMI Personnel Updates: Comings and Goings o Welcome new on -call Librarian Jennifer Taylor to Children Dept. o Megan Keane formerly of Circulation Dept. is now a full-fledged Librarian and an on -call librarian in Children Dept. Recruitments o Library Admin will be recruiting for 25-hour Volunteer Coordinator in Jan/Feb 2019 General Updates: o Strategic Plan 2017 — N/A o Passport Intake update — o Policy — • Library Security Camera policy -- pending o Training — • Sexual Harassment Training took place Jan 8th for managers and staff (ongoing) o Significant Events: • Jan 26 City Council Goal Setting • Jan 27 Library Staff Appreciation o Facilities update: • Women's public restroom needs hardware replacement o Foundation report: • Foundation Admin person hired Martha Dannis • Foundation working on alternatives to Book & Author and Online Auction • Great year for donations, bookselling, and available funds. 1 K� CITY � �Ya 11 ysiN' I I �c �� 9 OgPORATED City of Burlingame Staff Report File Number: 19-65 File Type: Discussion Item Version: 1 Agenda Date: 1/15/2019 To: Library Board of Trustees From: Title: Revision to Holiday Schedule for 2019-2020 BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Status: Agenda Ready Agenda Number: a. City of Burlingame Page 1 Printed on 6/7/2019 Date Library Holiday Day Schedule 2019 Observed Hours January 1 Tuesday New Year's Day Closed January 20 Sunday Martin Luther King, Jr. Closed January 21 Monday Martin Luther King, Jr. Closed February 17 Sunday Presidents Day Closed February 18 Monday Presidents Day Closed April 21 Sunday Spring Holiday Closed May 26 Sunday Memorial Day Closed May 27 Monday Memorial Day Closed July 4 Thursday Independence Day Closed September 1 Sunday Labor Day Closed September 2 Monday Labor Day Closed October 14 Monday Columbus Day/ Indigenous Peoples Day Closed October 31 Thursday Halloween Close 5PM November 10 Sunday Veterans Day Closed November 11 Monday Veterans Day Closed November 27 Wednesday Pre -Thanksgiving Day Close 5PM November 28 Thursday Thanksgiving Day Closed November 29 Friday Post Thanksgiving Day Closed December 24 Tuesday Christmas Eve Day Closed December 25 Wednesday Christmas Day Closed December 31 Tuesday New Year's Eve Day Closed January 1, 2020 Wednesday New Year's Day Closed K� CITY � �Ya 11 ysiN' I I �c �� 9 OgPORATED City of Burlingame Staff Report File Number: 19-0068 File Type: Discussion Item Version: 1 Agenda Date: 1/15/2019 To: Library Board of Trustees From: Title: Silicon Valley Community Foundation BURLINGAME CITY HALL 501 PRIMROSE ROAD BURLINGAME, CA 94010 Status: Agenda Ready Agenda Number: d. City of Burlingame Page 1 Printed on 6/7/2019 Silicon Valley Community Foundation Benchmarks - Period Ending December 31, 2018 Preliminary Annualized Periods Ending - December 31, 2018 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr Policy Benchmarks % % % % % % % % Endowment Pool -5.2 -9.7 -6.4 -6.4 6.6 4.5 7.1 8.6 Long -Term Growth Pool -4.9 -9.3 -6.6 -6.6 5.9 3.8 6.6 8.2 Social Impact Pool -4.2 -8.3 -5.9 -5.9 5.8 4.3 7.2 8.4 Balanced Pool -2.6 -5.9 -4.8 -4.8 4.7 2.9 4.6 6.3 Short -Term Pool 1.0 1.0 0.8 0.8 1.6 1.1 1.1 2.1 Capital Preservation Pool (US T-Bills) 0.2 0.6 1.9 1.9 1.0 0.6 0.5 0.4 Market Benchmarks 80% S&P 500 / 20 % Barclays Capital US Agg -6.9 -10.6 -3.3 -3.3 7.9 7.4 10.6 11.3 80% MSCI ACW /20% Barclays Capital US Agg' -5.3 -9.9 -7.4 -7.4 5.8 4.0 7.2 8.4 75% S&P 500 /25% Barclays Capital US Agg2 -6.3 -9.8 -3.1 -3.1 7.6 7.1 10.1 10.8 75% MSCI ACW /25% Barclays Capital US Agg2 -4.8 -9.2 -7.0 -7.0 5.6 3.9 6.9 8.2 70% S&P 500 / 30 % Barclays Capital US Agg -5.8 -9.1 -2.8 -2.8 7.2 6.8 9.6 10.4 70% MSCI ACW/30% Barclays Capital US Agg -4.4 -8.5 -6.5 -6.5 5.4 3.9 6.6 7.9 60% MSCI ACW/40% Barclays Capital US Agg -3.5 -7.1 -5.5 -5.5 4.9 3.7 6.0 7.3 50% S&P 500 / 50% Barclays Capital US Agg 3 -3.6 -6.1 -1.9 -1.9 5.8 5.6 7.4 8.5 50% MSCI ACW/50% Barclays Capital US Agg3 -2.6 -5.7 -4.6 -4.6 4.5 3.6 5.4 6.7 Barclays 1-3 Year Government/Credit 0.8 1.2 1.6 1.6 1.2 1.0 1.1 1.7 Sector Benchmarks S&P 500 -9.0 -13.5 -4.4 -4.4 9.3 8.5 12.7 13.1 Russell Mid Cap -9.9 -15.4 -9.1 -9.1 7.0 6.3 11.5 14.0 Russell2000 -11.9 -20.2 -11.0 -11.0 7.4 4.4 10.4 12.0 MSCI EAFE -4.9 -12.5 -13.8 -13.8 2.9 0.5 5.8 6.3 MSCI Emerging Markets -2.7 -7.5 -14.6 -14.6 9.2 1.6 3.2 8.0 Barclays US Agg. 1.8 1.6 0.0 0.0 2.1 2.5 2.1 3.5 Barclays US TIPS 0.5 -0.4 -1.3 -1.3 2.1 1.7 0.9 3.6 Merrill Lynch High Yield -2.2 -4.6 -2.3 -2.3 7.2 3.8 5.9 10.9 Citi World Government Bond Index 2.4 1.8 -0.8 -0.8 2.7 0.8 0.2 1.5 HFRI Fund of Funds -3.5 -6.9 -6.0 -6.0 0.6 1.0 2.6 2.9 S&P 500 +5% -8.6 -12.4 0.5 0.5 14.8 14.0 18.4 18.9 Bloomberg Commodity Index -6.9 -9.4 -11.3 -11.3 0.3 -8.8 -7.8 -3.8 NCREIF 0.0 0.0 5.3 5.3 6.7 9.0 9.5 7.3 US T-Bills 0.2 0.6 1.9 1.9 1.0 0.6 0.5 0.4 Policy Benchmarks are weighted averages of market indices using the strategic asset allocation through time. 1. Prior to 71112009, benchmark was 90 % S&P 500110 % Barclays Capital US Aggregate. 2. Prior allocations: 11112000-813112003: 20.7% S&P 500110% MSCI EAFE130% Barclays US Aggregate18% Russell Mid Cap Growth18% Russell Mid Cap Value 10 % Russell 1000 Value/ 10% Russell 1000 Growth/3.3 % Russell NARIET From 91112003-1213112007: 70 % S&P 500130 % Barclays US Aggregate 3. Prior Allocations: 91112003 - 1213112004: 55% S&P 500145 % Barclays US Aggregate. 11112005 - 1213112007: 40 % S&P 500160 % Barclays US Aggregate Source: Colonial Consulting LLC, 1/7/2019 INVESTMENT PERFORMANCE SUMMARY Period ending November 30, 2018 Net of Fees Annualized Assets Investment Pools (millions) 1 mon 3 mon % % YTD % 1 yr % 3 yr % 5 yr % 7 yr % 10 yr % Long -Term Growth (12/31/88) $424 0.0 -4.7 -1.5 -0.3 6.3 4.9 7.2 8.6 75% MSC/ ACW /25% Barclays Capital US Agg ' 1.2 -4.5 -2.2 -1.0 6.8 5.2 7.7 9.1 Social Impact (6/30/99) $63 2.3 -4.0 -1.4 -0.4 8.3 5.9 8.2 9.5 70% MSCI ACW / 30% Barclays Capital US Aggregate 1.2 -4.2 -2.2 -1.0 6.5 5.0 7.3 8.8 Balanced (7/31/03) $138 0.4 -3.9 -2.8 -1.9 5.1 3.3 5.4 7.8 50% MSCI ACW / 50% Barclays Capital US Agg 2 1.0 -3.3 -2.0 -1.0 5.0 4.2 5.8 7.4 Short -Term (12/31/02) $180 0.2 -0.2 0.1 0.1 1.3 1.0 1.3 2.9 Barclays Capital 1-3 Year Gov't / Credit 0.3 0.3 0.8 0.8 0.9 0.8 1.2 1.7 Capital Preservation (11/30/92) $364 0.2 0.5 1.4 1.5 0.8 0.6 0.5 0.6 U. S. T-Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 Charitable Remainder Trusts Growth Strategy (71%/29% Equity/Fixed Income) Policy Benchmark 3 1.7 -4.4 -1.6 -0.5 6.4 5.2 8.1 9.6 1.5 -4.6 -0.6 0.3 6.6 5.8 7.9 9.9 Indices S&P 500 Index (U.S. Stocks) 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 MSCI ACW Index (Global Stocks) 1.5 -5.7 -2.6 -1.0 8.6 6.2 9.5 10.7 Barclays Capital Aggregate Index (U. S. Bonds) 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 Citi World Gov't Bond Index (Global Bonds) 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 2.0 U.S. T-Bills (Cash Index) 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 QSILICON VALLEY t community foundation"" Historical Performance 2017 2016 2015 2014 2013 2008 15.7 6.7 -1.7 4.7 16.2 -25.7 18.6 6.7 -1.5 4.7 16.2 -32.3 18.8 9.5 -2.7 5.7 16.6 -30.5 17.5 6.4 -1.3 4.8 14.9 -30.2 13.5 6.8 -3.3 2.6 10.5 -18.8 13.4 5.4 -0.7 5.1 9.8 -21.2 2.2 1.8 -0.1 1.5 -1.2 3.8 0.8 1.3 0.7 0.8 0.6 5.0 0.8 0.3 0.2 0.2 0.4 2.8 0.8 0.4 0.1 0.1 0.1 2.4 16.1 7.4 -1.6 5.8 15.8 -26.2 14.5 7.4 0.3 7.0 15.6 -27.3 21.8 12.0 1.4 13.7 32.4 -37.0 24.0 7.9 -2.4 4.2 22.8 -42.2 3.5 2.6 0.6 6.0 -2.0 5.2 7.5 1.6 -3.6 -0.5 -4.0 10.9 0.8 0.4 0.1 0.1 0.1 2.4 ' Prior to 2008: 30% Barclays Capital US Aggregate 2 Prior to 2008: 60% Barclays Capital US Aggregate. Prior to 2005: 45% Barclays Capital US Aggregate 3 The multi -asset benchmarks are the market index returns of the asset classes used in Kaspick & Company managed portfolios, weighted by its long-term strategic target. Sources: Colonial Consulting LLC for the investment pools and Kaspick & Company for the charitable remainder trusts. 12/5/2018 2440 West El Camino Real, Suite 300 • Mountain View, California 94040-1498 1 tel: 650.450.5400 1 fax: 650.450.5401 1 info@siliconvalleycf.org © 2017 Silicon Valley Community Foundation IILICON VASIEY Silicon Valley Community Foundation Long -Term Growth Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 Annual Periods Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr 2012 2013 2014 2015 2016 2017 Market Value Pool Range (%) % % % % % % % % % % % % % % Long -Term Growth Pool(12/31/88) 5 424,298,673 Long -Term Growth Policy Benchmark 6 Long -Term Growth x/Private Assets (12/31/07) i 375,783,839 Long -Term Growth Policy Benchmark x/Private Assets 75 % MSCI A C W /25 % Barclays Capital US Agg e U.S. Large/Mid Cap Equity (3/31/07) 76,312,525 S&P 500 Russell Midcap Adage Capital (9/30/09) 24,949,162 S&P 500 HS Concentrated Quality Growth (9/30/17) 17,744,289 Russell 1000 Growth Confidential Manager" (4/30/12) 26,543,739 Russell2000 Growth Iridian Private Business Value Equity (3/31/16) 7,075,335 Russell Midcap Value U.S. Small Cap Equity (3/31/07) 20,089,362 Russell2000 Ariel Small Cap Deep Value (1/31/14) 8,253,412 Russell2000 Value SON Investors Offshore Ltd (11/30/17) 11,835,950 Russell2500 Technology Non-U.S. Developed Equity (3/31/07) 68,183,309 MSCI EAFE Artisan Int'I Value (7/31/06) 8,329,607 Silchester International (4/30/09) 19,008,907 MSCI EAFE Value Vanguard Developed Markets(12/31/07) 236,604 MSCI EAFE Lizard International (4/30/15) 24,818,230 MSCI ACWI exUS Cevian Capital II (12/31/11) 15,789,960 MSCI Europe Local 100.0% -1.5 8.6 .0% 0.0 1.2 -4.6 -1.8 -0.6 72 5.1 7.4 9.1 0.0 -5.4 -2.8 -1. 9.0 1.2 -4.9 -2.5 -1.4 6.9 5.4 7.8 9.4 1.2 -4.5 -2.2 -1.0 6.8 5.2 7.7 9.1 18.0% 19.0 % 1.9 -4.7 4.1 5.6 10.3 10.6 14.8 15.7 16%-22 % 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 2.5 -6.7 1.0 1.9 9.8 9.1 13.1 15.7 5.9% 2.4 -3.8 5.8 6.9 12.4 12.3 16.5 - 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 4.2% 1.9 -1.0 3.0 6.6 - - - - 1.1 -75 7.8 8.6 14.0 13.0 15.6 16.5 6.3 % 2.0 -5.3 11.9 12.4 4.0 14.8 - - 1.6 -13.4 2.7 2.8 10.0 8.2 13.2 15.6 1.7% 0.1 -13.2 -15.1 -14.8 - - - - 2.4 -5.7 -2.0 -0.8 8.9 8.4 12.9 14.8 4.7 % 6.0 % -3.0 -13.8 -0.5 -1.4 9.0 3.1 7.9 9.5 4%-8% 1.6 -11.6 1.0 0.6 10.1 75 12.6 14.0 1.9 % -1.5 -13.0 -11.1 -12.0 4.7 - - - 1.6 -9.8 -0.9 -1.8 10.1 6.7 11.9 12.5 2.8% -4.1 -14.4 8.5 7.6 - - - - 2.3 -12.5 14.7 13.3 16.1 13.4 14.8 19.3 16.1 % 16.0 % -0.4 -7.9 -11.5 -9.6 5.2 3.4 8.1 9.2 13%-19 % -0.1 -7.3 -9.4 -7.9 4.1 1.8 6.4 7.5 2.0 % 0.9 -6.7 -10.5 -9.2 4.8 3.3 9.1 11.3 4.5 % 1.0 -5.6 -10.5 -9.3 6.3 4.1 8.9 - -a6 -5.2 -10.4 -9.0 3.9 0.7 5.6 6.6 0.1 % 0.4 -7.5 -9.7 -8.1 4.8 2.3 6.6 7.7 -0.1 -7.3 -9.4 -7.9 4.1 1.8 6.4 7.5 5.8 % 0.6 -8.3 -13.5 -11.6 5.9 0.0 0.0 0.0 0.9 -6.8 -10.1 -8.1 5.4 1.8 5.4 7.7 3.7% -4.2 -10.4 -9.4 -5.5 4.8 4.2 - - -0.9 -5.9 -5.6 -4.7 4.2 5.4 9.0 8.5 12.4 7�i.2 4.?'-1.7 6.7 15.7 12.3 13.9 3.9 -2.7 9.2 16.5 13.0 18.7 4.0 -2.3 7.4 16.8 12.7 16.4 5.2 -1.5 8.4 17.4 13.2 16.2 4.7 -1.5 6.7 18.6 18.6 37.9 12.6 4.7 6.1 23.4 16.0 32.4 13.7 1.4 12.0 21.8 173 34.8 13.2 -2.4 13.8 18.5 20.8 38.7 18.4 1.0 9.5 23.6 16.0 32.4 13.7 1.4 12.0 21.8 15.3 33.5 13.1 5.7 71 30.2 29.3 68.5 25.8 38.5 -8.5 9.9 14.6 43.3 5.7 -1.4 11.3 22.2 26.1 42.1 13.4 -4.5 - 22.4 18.5 33.5 14.7 -4.8 20.0 13.3 11.2 38.0 -4.3 -12.5 13.7 19.4 16.4 38.8 4.9 -4.4 21.3 14.6 - - -7.1 -25.4 24.4 9.9 18.1 34.5 4.2 -75 31.7 78 - - - 15.6 19.4 - 9.8 376 72 1.9 15.1 23.8 19.7 24.6 -1.7 0.1 8.3 23.8 173 22.8 -4.9 -0.8 1.0 25.0 23.0 30.7 -0.4 -1.5 5.7 24.1 16.0 28.7 -2.0 1.2 7.1 26.7 17.7 23.0 -5.4 -5.7 5.0 21.4 18.8 21.9 -5.6 -0.2 2.5 26.5 173 22.8 -4.9 -0.8 1.0 25.0 14.9 21.6 0.5 0.4 7.2 26.7 16.8 15.3 -3.9 -5.7 4.5 272 22.4 16.3 4.8 -4.5 17.7 15.5 15.6 21.6 4.7 4.9 10.1 13.1 0 2017 Silicon Valley Community Foundation IILICON VASIEY Silicon Valley Community Foundation Long -Term Growth Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 Annual Periods Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr 2012 2013 2014 2015 2016 2017 Market Value Pool Range (%) % % % % % % % % % % % % % % Non-U.S. Emerging Equity (3/31/07) 20,255,485 4.8 % 6.0 % 0.2 -6.0 -9.5 -6.3 10.3 2.5 4.0 9.7 18.2 -0.9 -1.2 -16.3 16.9 30.8 MSCI Emerging Markets 3%-9 % 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 Westwood Global (4/30/09) 19,277,787 4.5% 0.0 -6.0 -9.4 -6.2 10.6 2.7 4.5 - 17.5 0.9 -0.9 -16.5 19.7 28.7 MSCI Emerging Markets 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 DFA Emerging Markets (6/30/08) 977,697 0.2 % 4.4 -5.5 -11.6 -8.6 9.6 2.1 3.3 9.2 19.2 -3.1 -1.7 -15.8 12.1 36.6 MSCI Emerging Markets 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 Global Equity (1/31/17) 33,181,499 7.8% 8.0% 0.5 -6.3 -6.0 -4.2 - - - - 16.3 43.2 4.1 6.0 6.7 - MSCI AC World 5 / 11 % 1.5 -5.7 -2.6 -1.0 8.6 6.2 9.5 10.7 16.1 22.8 4.2 -2.4 7.9 24.0 S&P 500 2.0 -4.4 5.1 6.3 12.2 11.1 - - 16.0 32.4 13.7 1.4 12.0 21.8 Gobi Investment Fund Ltd (1/31/17) 18,357,919 4.3% -1.1 -7.6 -9.0 -7.3 - - - - 16.3 43.2 4.1 6.0 6.7 - MSCI World 1.1 -5.8 -1.2 0.1 8.5 6.7 10.3 10.9 15.8 26.7 4.9 -0.9 7.5 22.4 AltraVue I, LP (4/30/18) 14,823,581 3.5 % 2.6 -4.6 - - - - - - - - - - - 19.5 MSCI World Value 1.6 -2.9 -3.3 -1.9 77 5.1 9.2 9.4 15.5 26.6 3.7 -4.8 12.3 171 U.S. Aggregate Bonds (3/31/07) 22,756,587 5.4 % 7.0 % 0.5 -0.6 -0.7 -0.2 2.0 2.6 3.0 4.8 8.2 -2.0 7.3 0.4 3.1 3.8 Barclays Capital US Aggregate 4/ 10% 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 4.2 -2.0 6.0 0.6 2.6 3.5 Garcia Hamilton Aggregate (7/31/14) 15,058,955 3.5 % 0.5 -0.5 -0.2 0.3 2.3 - - - 10.2 -0.1 8.0 0.8 3.2 3.9 IR&M (6/30/09) 7,697,632 1.8 % 0.6 -0.8 -1.8 -1.4 1.4 2.3 2.6 - 6.9 -2.1 7.0 0.8 3.0 3.6 Barclays Capital US Aggregate 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 4.2 -2.0 6.0 0.6 2.6 3.5 TIPS (6/30/09) 4,913,188 1.2 % 3.0 % 0.4 -1.9 -1.9 -1.0 1.6 1.2 0.8 - 6.8 -8.8 4.0 -1.7 4.6 3.0 Barclays US TIPS 0%-6 % 0.5 -2.0 -1.8 -0.9 1.7 1.3 0.8 4.1 70 -8.6 3.6 -1.4 4.7 3.0 Vanguard Inflation Protected Securities (6/30/09) 4,913,188 0.4 -1.9 -1.9 -1.0 1.6 1.2 0.8 - 6.8 -8.8 4.0 -1.7 4.6 3.0 U.S. High Yield (6/30/09) 18,813,445 4.4 % 4.0 % -0.8 -1.0 1.0 1.3 5.9 4.5 7.2 - 17.8 9.5 4.8 -2.7 13.6 5.9 Merrill High Yield 1%-7% -0.9 -1.9 -0.1 0.2 71 4.4 6.6 11.9 15.4 7.4 2.4 -4.6 173 75 Oak Hill Advisors Diversified (12/31/14) 18,813,445 4.4 % -0.8 -1.0 1.0 1.3 5.9 - - - - 7.6 2.6 -2.7 13.6 5.9 50% CSFB Leveraged Loan/50% Barclays Corporate HY -0.8 -1.0 1.8 2.1 6.3 4.2 5.9 10.2 15.4 7.4 2.4 -2.4 13.5 5.9 Global Bonds (3/31/07) 19,912,088 4.7 % 6.0 % 0.1 -2.0 -3.5 -3.6 2.8 0.5 1.4 4.3 8.3 -2.8 1.3 -5.6 3.7 8.1 Citigroup World Gov't Bond 3%-9 % 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 2.0 1.6 -4.0 -0.5 -3.6 1.6 75 Colchester Global Bond (8/31/07) 19,912,088 4.7 % 0.1 -2.0 -3.5 -3.6 2.8 0.2 1.1 3.4 8.9 -3.4 -0.3 -6.0 3.8 8.1 Citigroup World Gov't Bond 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 2.0 1.6 -4.0 -0.5 -3.6 1.6 7.5 Total Hedge Funds (7/31/07) 80,559,876 19.0 % 15.0 % -0.9 -5.4 -1.4 -1.1 3.3 2.4 4.4 5.6 9.3 12.1 2.0 -1.6 3.4 8.6 60% MSCI ACW / 40% Barclays Capital US Agg 10%-20 % 1.1 -3.7 -2.1 -1.0 5.7 4.6 6.6 8.1 11.5 12.3 5.0 -1.0 5.9 15.4 HFRI Fund of Funds -0.7 -3.7 -2.6 -1.7 1.7 2.0 3.1 3.1 4.8 8.8 3.4 -0.3 0.7 77 Direct Manager 65,314,107 15.4% 11.0% -1.1 -5.4 -1.1 -1.0 4.1 2.0 2.8 5.8 3.1 7.8 -0.9 -2.3 5.5 8.3 Equity Long/Short 17,234,670 4.1% Tybourne Equity Offshore (6/30/17) 9,695,133 2.3% 2.7 -9.9 -3.7 -4.4 - - - - - 20.3 7.1 25.3 1.9 - Hengistbury Fund Ltd (1/31/18) 7,539,537 1.8% -1.6 -7.1 - - - - - - 23.3 20.4 3.4 13.9 4.3 - HFRI Equity Hedge 0.1 -5.1 -3.1 -1.9 4.6 3.4 5.1 6.1 7.4 14.4 2.0 -0.8 5.5 13.5 Credit/Structured Credit 25,674,623 6.1% Regiment Capital Ltd (6/30/08) 462,725 0.1 % - - - - - - - - 3.1 7.6 -8.8 - - - Canyon Value Realization Fund Ltd (6/30/13) 9,616,493 2.3% 0.1 -2.1 1.4 2.3 7.4 5.0 - - 16.2 14.5 4.1 -2.8 8.9 13.0 King Street Capital Ltd (6/30/13) 5,699,668 1.3 % 0.1 -0.8 0.9 2.1 3.5 2.7 12.5 11.0 4.5 -2.4 5.0 5.0 Standard General Offshore (3/31/15) 9,895,737 2.3% -6.4 -8.1 5.3 9.0 7.7 - 8.6 28.7 3.5 -3.5 8.8 10.0 HFRI Distressed Securities Index -1.8 -2.4 0.7 2.1 6.5 2.5 5.1 6.7 10.1 14.1 -1.0 -8.0 14.3 7.6 0 2017 Silicon Valley Community Foundation IILICON VASIEY Opportunistic Third Point Offshore Ltd (11/30/14) Discovery Global Opportunity (12/31/14) 50% HFRI Macro / 50 % HFRI Event Driven Multi -Strategy Davidson Kempner Instl Partners (8/31/13) HFRI Multi -Strategy Fund of Funds Forester Offshore Ltd (8/31/07) HFRI Fund of Funds Private Equity (6/30/99) S&P 500 + 5% Mayfield XI (6/30/00) Accel Internet Fund IV (9/30/00) Walden II (9/30/00) Charles River Partnership XI (12/31/00) Charles River Partnership XI Annex (12/31/07) New Enterprise Assoc. X (12/31/00) Legacy Venture II (12/31/01) Legacy Venture III (3/31/05) Legacy Venture IV (6/30/06) Legacy Venture V (5/31/08) Legacy Venture VI (6/30/11) Legacy Venture VII (4/30/14) Legacy Venture VIII (3/31/16) PAPEF III (12/31/05) PAPEF IV (6/30/06) HRJ Growth Capital II (12/31/06) Centerbridge Partners II (5/31/11) Regiment Special Situations V (7/31/11) Brightwood Capital III (3/31/2015) Weathergage Venture Capital III (2/28/15) HGGC Fund III -A (7/31/17) Precursor Ventures II (9/30/18) Silicon Valley Community Foundation Long -Term Growth Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized Assets %of Market Value Pool 14,399,664 3.4% 8,010,210 1.9% 6,389,454 1.5 % 8,005,150 1.9% 8,005,150 1.9% 15,245,769 3.6% 15,245,769 3.6 % 38,643,794 9.1 % 355,896 0.1 % 14,103 0.0% 22,845 0.0 % 83,933 0.0 % 942 0.0 % 1,769,611 0.4 % 17,888 0.0 % 1,765,604 0.4% 4,523,993 1.1 % 4,038,138 1.0 % 4,789,471 1.1 % 2,249,087 0.5 % 1,086,141 0.0 % 460,910 0.1 % 871,490 0.2% 996,637 0.2 % 1,387,249 0.3% 183,173 0.0 % 3,293,660 0.8 % 5,281,227 1.4 % 4,151,796 1.1 % 1,300,000 0.3% November 30, 2018 Annual Periods Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr 2012 2013 2014 2015 2016 2017 ange(%) % % % % % % % % % % % % % % 1.3 -5.7 -4.4 -6.3 -0.7 -2.4 -0.1 -0.2 0.4 -0.3 4.0 % -0.1 -5.7 -0.1 -5.7 -0.7 -3.7 5.0 % 0.2 2.3 0/ 10% 2.5 -3.2 Commitment $ 3,000,000 $ 2,400,000 $ 3,000,000 $ 1,003,757 $ 99,469 $ 5,000,000 $ 3,000,000 $ 5,000,000 $ 5,000,000 $ 4,000,000 $ 3,000,000 $ 2,000,000 $ 2,500,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 3,000,000 $ 3,000,000 $ 5,000,000 $ 5,000,000 $ 7,500,000 -5.1 -5.2 5.5 -4.6 -9.5 -3.0 -2.0 -1.0 2.4 2.1 2.8 2.9 3.6 5.4 4.5 - 1.4 2.1 3.7 3.3 4.4 -2.8 -2.0 1.8 2.3 4.7 -2.8 -2.0 1.5 2.7 5.1 -2.6 -1.7 1.7 2.0 3.1 13.2 15.1 6.1 10.5 9.5 10.0 11.7 17.9 16.8 20.2 Remaining YTD - Contributions 466,531 150,000 300,000 100,000 80,000 120,000 $ 160,000 $ 1,425,000 $ 475,000 844,330 328,031 $ 963,544 941,475 1,450,000 3,697,220 $ 20.9 25.4 5.7 12.6 27.6 -3.5 3.9 4.4 5.9 3.8 - 7.7 11.0 4.4 6.5 8.9 12.5 3.8 5.6 10.3 13.8 4.0 5.2 9.4 15.6 5.6 3.1 4.8 8.8 3.4 9.0 4.6 14.5 18.8 20.1 21.9 39.0 19.5 YTD - Distributions Net IRR -3.9 % $ 504,687 4.6 % 10.4 % $ 36,256 8.5 % NA 3.3 % $ 695,548 6.6 % $ 409,088 8.2 % $ 610,297 10.5 % $ 441,696 12.2% 60,000 $ 350,162 20.1 % 380,000 $ 48,116 10.7% 625,000 NM $ 154,631 5.9 % $ 303,709 6.6 % $ 340,000 4.0 % 62,991 $ 285,519 2.3 % $ 248,555 9.1 % $ 399,869 4.5 % $ 150,000 14.9 % 2,089,838 NM 1,300,000 NA -1.1 6.5 17.6 -0.6 7.3 -9.6 -2.2 5.9 4.9 1.5 7.0 6.4 0.6 6.5 4.1 -0.6 -0.3 9.9 0.7 -1.5 9.9 -0.3 0.7 7.7 11.1 0.5 5.7 6.6 179 28.0 IRR as of 6/30/2018 12/31/2017 12/31/2015 6/30/2018 NA 6/30/2018 12/31/2017 6/30/2018 6/30/2016 6/30/2018 6/30/2018 6/30/2018 6/30/2018 6/30/2018 6/30/2018 6/30/2018 6/30/2018 3/31/2018 12/31/2017 6/30/2018 6/30/2018 NA 0 2017 Silicon Valley Community Foundation IILICON VASIEY Silicon Valley Community Foundation Long -Term Growth Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 Annual Periods 2012 2013 2014 2015 2016 2017 Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr Market Value Pool Range (%) % % % % % % % % % % % % % % Total Real Assets/Real Estate 11,117,749 2.6% 5.0% Private Real Assets (3/31/07) 11,117,749 2.6 % 5.0% -2.0 -1.9 2.0 2.0 3.7 2.8 3.6 -1.5 4.8 7.0 10.6 -6.9 4.2 4.5 50% Bloomberg Commodity/50% NCREIF Real Estate 0%-10% -0.3 0.4 0.2 2.6 4.8 1.0 1.2 1.6 4.9 0.4 -3.3 -10.1 9.5 4.4 Commitment Remaining YTD - Contributions YTD - Distributions Net IRR IRR as of Menlo Equities Absolute Return Fund 680,331 0.2 % $ 4,800,000 $ - $ 30,461 NA NA Denham Commodity Partners Fund V (6/30/08) 970,013 0.2% $ 7,500,000 $ 1,099,803 $ 74,885 -17.0% 6/30/2018 Denham Commodity Partners Fund VI (11/30/11) 4,668,243 1.1 % $ 6,000,000 $ 1,000,161 $ 357,072 $ 105,582 8.0% 6/30/2018 Lyme Timber lll(2/28/11) 1,212,890 0.3% $ 2,500,000 $ 825,000 7.8% 3/31/2018 Alcion Real Estate II (12/31/10) 395,140 0.1 % $ 2,500,000 $ - $ 12,817 16.8% 6/30/2018 Merit Energy Fund H (11/30/11) 1,944,422 0.5% $ 2,500,000 $ $ 145,693 5.0% 6/30/2018 Varde Fund X (12/31 /10) 1,246,710 0.3% $ 3,500,000 $ - $ 511,840 11.8% 6/30/2018 Total Private Real Assets $ 29,300,000 $ 2,924,964 $ 431,957 $ 1 806,393 Total Cash 9,559,765 2.3 % 0.0 % Cash & Equivalents (3/31/07) 9,559,765 0.2 0.5 1.5 1.6 0.8 0.5 0.4 0.4 0.2 0.1 0.2 0.0 0.2 0.6 U.S. Treasury Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 0.1 0.1 0.1 0.1 0.4 0.8 Targeted Weighted Expense Ratio 7 1.12 % Asset Weighted Expense Ratio 1.25 % 5. Performance data for the Long Term Pool Composite prior to 9130199 is only available quarterly. Therefore, our reports for non -quarter month ends cannot reflect the full historical performance. Quarter end reports will show the full history. 6. Long -Term Growth Policy Benchmark I is 14 % S&P 500 / 6% Russell 2000 /5% Russell Mid Cap / 16% MSCI EAFE/ 6% MSCI Emerging Markets / 5% S&P 500 + 5% /7% Barclays Capital US Aggregate / 6% Cifigroup World Gov't Bond /4 % Merrill High Yield/ 3% Barclays US TIPS / 8% MSCI AC World/ 155/ 60 % MSCI AC World (Net)/40% Barclays Aggregate / 55/ 50 % Bloomberg Commodity/50% NCREIF Real Estate 7 Expense ratio is a weighted average based on the target allocation. Fee includes: investment management, consulting, custody and administraive fees. It does not include carried interest expense or the expenses of individual mangers within fund of fund vehicles. 8. Prior allocations: 1112000-813112003: 20.7% S&P 500/10 % MSCI EAFE/30% Barclays Aggregate/8% Russell Mid Cap Growth/8% Russell Mid Cap Va/ue/10 % Russell 1000 Value/f 0% Russell 1000 Growth/3.3% Russell NARIET 91112003-1213112007. 70% S&P 500130% Barclays Aggregate '" - Signed Non -Disclosure Agreement on file. 0 2017 Silicon Valley Community Foundation SILICON VALLEY co in inunity Fa and ation' Silicon Valley Community Foundation Social Impact Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 'annuei renvas Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr 2012 2013 2014 2015 2016 2017 Market Value Pool Range (%) % % % %% Social Impact Pool (6/30/99) 2,910,991 100.0% 100.0% 2.3 -4.0 9.5 18.8 Social Impact Policy Benchmark 9 1.2 -4.3 -1.7 -0.6 6.8 5.4 7.9 9.2 13.0 17.1 4.9 -1.0 7.6 16.7 70 % MSCI ACW / 30 % Barclays Capital US Agg 1.2 -4.2 -2.2 -1.0 6.5 5.0 7.3 8.8 12.7 14.9 4.8 -1.3 6.4 17.5 U.S. Large/Mid Cap Equity (10130/03) 16,594,588 26.4 % 24.0% 2.2 -3.1 7.8 8.6 13.0 11.5 14.7 14.7 14.3 35.4 14.3 0.7 11.8 21.2 S&P 500 21 %-27% 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 16.0 32.4 13.7 1.4 12.0 21.8 SSgA US Community Index (12/31/13) 16,594,588 26.4% 2.2 -3.1 7.8 8.6 13.1 - - - - - 12.5 1.2 13.0 19.9 S&P 500 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 16.0 32.4 13.7 1.4 12.0 21.8 U.S. Small Cap Equity (1131/08) 5,683,820 9.0 % 7.0% 2.7 -8.8 1.0 0.6 9.8 8.2 13.5 15.1 18.8 40.1 7.4 -3.1 21.0 13.6 Russell2000 4%-10% 1.6 -11.6 1.0 0.6 10.1 7.5 12.6 14.0 16.4 38.8 4.9 -4.4 21.3 14.6 Ariel Fund (1/31/08) 3,034,498 4.8 % 3.4 -6.2 -0.6 -0.3 8.5 8.0 14.1 16.9 20.3 44.7 11.0 -4.1 15.6 15.9 Russell2500 Value 1.9 -8.3 -1.5 -1.1 9.1 7.1 12.1 13.6 19.2 33.3 7.1 -5.5 25.2 10.4 Aperio Group S&P 600 SRI (9/30/13) 2,649,322 4.2 % 1.9 -11.5 3.8 3.0 11.5 8.5 - - - - 4.4 -2.7 25.7 11.8 S&P600 1.5 -12.0 4.1 3.5 12.4 9.4 14.5 15.8 16.3 41.3 5.8 -2.0 26.6 13.2 Non-U.S. Developed Equity (1/31108) 13,424,510 21.3 % 21.0% 1.4 -7.5 -9.9 -8.5 4.9 0.6 4.2 5.9 15.3 14.9 -5.9 -7.6 2.3 27.9 MSCI EAFE 18%-24% -0.1 -7.3 -9.4 -7.9 4.1 1.8 6.4 7.5 17.3 22.8 -4.9 -0.8 1.0 25.0 Boston Common Int'I Social Fund (1/31/08) 4,410,677 7.0% 0.7 -8.8 -10.1 -9.4 3.0 0.3 4.3 6.4 12.6 20.9 -7.1 -2.5 -1.7 25.2 Aberdeen EAFE Plus SRI (3/31/12) 6,193,235 9.8% 1.6 -6.5 -8.9 -6.2 5.8 0.1 - - 15.0 10.2 -4.6 -13.9 5.9 26.7 Kabouter Intl Opps Fund II (6/30/16) 2,820,599 4.5% 2.0 -7.8 -12.6 -11.9 - - - - 22.1 27.9 0.0 9.0 5.9 33.7 MSCI EAFE -0.1 -7.3 -9.4 -7.9 4.1 1.8 6.4 7.5 17.3 22.8 -4.9 -0.8 1.0 25.0 Non-U.S. Emerging Equity (6/30/09) 6,114,826 9.7% 8.0% 7.7 -10.5 -15.5 -11.4 9.5 2.1 3.5 - 20.9 -3.1 -1.3 -15.5 13.5 40.2 MSCI Emerging Markets 50/6-11% 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 Generation IM Asia ex Japan (6/30/16) 6,114,826 9.7 % 7.7 -10.5 -15.5 -11.4 - - - - 23.7 8.6 9.3 -3.2 5.2 40.2 MSCI Emerging Markets 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 U.S. Aggregate Bonds (10/30103) 8,052,401 12.8% 14.0% 0.6 -0.6 -1.2 -0.7 1.3 2.2 2.7 4.2 8.1 -1.7 6.8 0.5 1.0 4.5 Barclays Capital US Aggregate 11%-17% 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 4.2 -2.0 6.0 0.6 2.6 3.5 TIAA CREF (3/31/16) 5,041,061 8.0 % 0.5 -0.7 -1.3 -0.8 - - - - 5.7 -1.4 8.2 1.1 3.0 4.5 RBC Impact Bond R6 (10/31/18) 3,011,340 4.8 % 0.8 - - - - - - - - - - - - - Barclays Capital US Aggregate 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 4.2 -2.0 6.0 0.6 2.6 3.5 Opportunistic Credit 0 0.0 % 5.0 % - - - - - - - - - - Citigroup Gov/Credit 1-3 Year 3 %-7 % 0.3 0.3 0.8 0.9 0.9 0.8 0.9 1.5 1.2 0.7 0.7 0.6 1.3 0.8 © 2017 Silicon Valley Community Foundation SILICON VALLEY co in inunity fa and ation' Silicon Valley Community Foundation Social Impact Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 rannuei renvas Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr 2012 2013 2014 2015 2016 2017 Market Value Pool Range (%) % % % %% Global Bonds (3/31/12) 4,848,339 7.7% 8.0% 0.7 0.6 Citi World Gov't Bond Index 5%-11% 0.5 -1.6 Nikko Green Bond Fund (3/31/12) 1,934,619 3.1 % 1.6 0.5 Citi World Gov't Bond Index 0.5 -1.6 Microvest Short Duration (3/31/12) 2,913,720 4.6 % 0.1 0.6 Barclays 3 month LIBOR + 5% 0.6 1.9 JP Morgan EMBI Global Diversified -0.4 -1.1 TIPS (6130/09) 4,416,001 7.0% 5.0% 0.4 -1.9 Barclays US TIPS 2%-8% 0.5 -2.0 Vanguard Inflation Protected Securities (6/30/09) 4,416,001 7.0 % 0.4 -1.9 Barclays US TIPS 0.5 -2.0 Private Equity (1/31/15) 2,774,551 4.4% 5.0% 6.8 6.8 S&P 500 + 5% 2%-B% 2.5 -3.2 Commitment -0.6 -0.7 2.7 -2.9 - - - -5.9 -6.2 -15.3 6.0 4.4 -3.2 -3.0 2.2 0.1 0.0 2.0 1.6 -4.0 -0.5 -3.6 1.6 7.5 -5.1 -4.1 1.1 -3.8 - - 8.9 -5.9 -6.2 -15.3 2.6 7.8 -3.2 -3.0 2.2 0.1 0.0 2.0 1.6 -4.0 -0.5 -3.6 1.6 7.5 2.6 1.7 2.5 2.8 - - 2.7 4.3 4.8 1.9 2.5 2.1 6.9 7.5 6.6 6.1 5.9 5.8 5.6 5.4 5.4 5.5 5.9 6.5 -5.5 -5.5 4.6 4.9 5.0 8.9 15.7 -5.2 7.4 1.5 10.2 11.4 -1.9 -1.0 1.6 1.2 0.8 - 6.9 -8.8 4.1 -1.7 4.6 3.0 -1.8 -0.9 1.7 1.3 0.8 4.1 7.0 -8.6 3.6 -1.4 4.7 3.0 -1.9 -1.0 1.6 1.2 0.8 - 6.9 -8.8 4.1 -1.7 4.6 3.0 -1.8 -0.9 1.7 1.3 0.8 4.1 7.0 -8.6 3.6 -1.4 4.7 3.0 9.6 9.6 5.4 - - - - -0.2 7.0 10.0 11.7 17.9 16.8 20.2 20.1 21.9 39.0 19.5 6.6 17.9 28.0 Remaining Net Commitment YTD - Contributions YTD - Distributions IRR IRR as of Huntington Capital Fund III LP (1/31/15) 602,632 1.0% $ 1,400,000 1 $ 120,362 $ 42,009 $ 113,658 NM 6/30/2018 TPG ART Partners LP (2/28/15) 1,447,690 2.3% $ 1,400,000 $ 79,937 $ 244,549 $ - NM 6/30/2018 Bain Capital Double Impact (6/30/17) 87,075 0.1% $ 1,000,000 $ 866,517 $ 31,888 $ NA 6/30/2018 Ecosystem Integrity Fund III, L.P (7/31/17) 512,984 0.8% $ 1,000,000 $ 540,000 $ 160,000 $ NA 12/31/2017 HCAP IV 0/30/18 124 170 0 2 4 It 1 000 non $ 876 192 It 123 808 It niA niA Total Private Equity $ 5,800,000 $ 2,483,008 t $ 602,254 $ Private Real Assets/Real Estate (TBD) 0 0.0% 3.0% - - - - 0%-6% Social Impact Pool Cash (12/31/07) 1,001,953 1.6% 0.0% 0.2 0.5 1.5 1.6 0.8 0.5 0.4 0.2 U.S. Treasury Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 Targeted Weighted Expense Ratio10 0.87% Asset Weighted Expense Ratio 0.76% 9. Social Impact Policy Benchmark is 24 % S&P 500 / 751 Russell 2000 / 21 % MSCI EAFE / 14 % Barclays Capital US Aggregate / 8% MSCI Emerging Markets / 5% Barclays US TIPS / 5% Cdigroup 1-3 Yr Gov't Credit / 8% Citi World Gov't Bond / 5% S&P 500 + 5% / 1.5% NCREIF Real Estate / 1.5 % Bloomberg Commodity 10. Expense ratio is a weighted average based on the target allocation. Fee includes: Investment Management, Consulting, Custody and Administraive fees. Fee does not include carried interest expense or the expenses of individual mangers within fund of fund vehicles. 0.0 0.0 0.0 0.0 0.2 0.8 0.1 0.1 0.1 0.1 0.4 0.8 © 2017 Silicon Valley Community Foundation 51Lll aN VA�LEY communiSy foun aeion- Silicon Valley Community Foundation Balanced Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Assets Market Value % of Pool Target/ Range (%) 1 mon 3 mon CYTD % % % Annualized November 30, 2018 1 yr 3 yr 5 yr 7 yr % % % % 10 yr % 2012 % 2013 % Annual Periods 2014 2015 % % 2016 % 2017 % Balanced Pool (7/31/03) 137,887,5 .0% 0.4 -3.9 -2. -3.- Balanced Policy Benchmark " 0.9 -3.7 -2.3 -1.3 5.2 3.6 5.0 6.9 9.4 8.1 3.7 -2.8 72 12.3 50% MSCI ACW / 50% Barclays Capital US Agg 12 1.0 -3.3 -2.0 -1.0 5.0 4.2 5.8 74 10.3 9.8 5.1 -0.7 5.4 13.4 U.S. Large/Mid Cap Equity (3/31/07) 22,904,892 16.6 % 15.0 % 1.8 -4.8 1.6 3.2 10.6 8.8 13.0 14.6 17.9 34.4 8.2 -1.1 8.1 26.3 S&P500 12%-18% 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 16.0 32.4 13.7 1.4 12.0 21.8 Russell Mid Cap 2.5 -6.7 1.0 1.9 9.8 9.1 13.1 15.7 173 34.8 13.2 -2.4 13.8 18.5 HS Concentrated Quality Growth (9/30/17) 6,027,053 4.4 % 1.9 -1.0 2.9 6.6 - - - - - - - - - - Russell f000Growth 1.1 -7.5 7.8 8.6 14.0 13.0 15.6 16.5 15.3 33.5 13.1 5.7 71 30.2 Vanguard Institutional Index (10/31/07) 14,061,145 10.2% 2.0 -4.4 5.1 6.2 12.1 11.1 14.4 14.3 16.0 32.5 12.6 1.4 11.9 21.7 S&P500 2.0 -4.4 5.1 6.3 12.2 11.1 14.4 14.3 16.0 32.4 13.7 1.4 12.0 21.8 Iridian Private Business Value Equity (3/31 /16) 2,816,695 2.0 % 0.1 -13.2 -15.1 -14.8 - - - - 26.1 42.1 13.4 -4.5 - 22.4 Russell Midcap Value 2.4 -5.7 -2.0 -0.8 8.9 8.4 12.9 14.8 18.5 33.5 14.7 -4.8 20.0 13.3 U.S. Small Cap Equity (3/31/07) 5,456,356 4.0 % 5.0 % -3.0 -13.8 -0.5 -1.4 8.8 3.1 8.2 9.6 13.2 37.6 -4.2 -12.3 14.4 18.1 Russell2000 3%-7'k 1.6 -11.6 1.0 0.6 10.1 75 12.6 14.0 16.4 38.8 4.9 -4.4 21.3 14.6 Ariel Small Cap Deep Value (1/31/14) 2,228,370 1.6 % -1.4 -13.0 -11.1 -12.0 4.5 - - - - - - -25.5 24.4 9.3 Russell2000 Value 1.6 -9.8 -0.9 -1.8 10.1 6.7 11.9 12.5 18.1 34.5 4.2 -75 31.7 78 SON Investors Offshore Ltd (11/30/17) 3,227,986 2.3% -4.1 -14.4 8.5 7.6 - - - - - - - 15.6 19.4 - Russell 2500Technology 2.3 -12.5 14.7 13.3 16.1 13.4 14.8 19.3 9.8 37.6 7.2 1.9 15.1 23.8 Non-U.S. Developed Equity (3/31/07) 15,764,823 11.4% 14.0% 0.7 -7.5 -11.4 -9.8 4.9 2.6 7.3 8.9 20.1 24.3 -4.4 0.3 5.4 24.7 MSCI EAFE 11%-17 % -0.1 -73 -9.4 -79 4.1 1.8 6.4 75 173 22.8 -4.9 -0.8 1.0 25.0 Artisan Int'I Value (12/31/07) 6,123,308 4.4% 0.9 -6.7 -10.5 -9.2 4.8 3.3 9.1 11.3 22.6 30.7 -0.4 -1.5 5.7 24.1 MSCI EAFE Value -0.6 -5.2 -10.4 -9.0 3.9 0.7 5.6 6.6 17.7 23.0 -5.4 -5.7 5.0 21.4 Vanguard Developed Markets (12/31/07) 4,114,915 3.0% 0.4 -7.5 -9.6 -8.1 4.8 2.3 6.6 7.7 18.8 22.0 -5.6 -0.2 2.5 26.5 MSCI EAFE -0.1 -73 -9.4 -79 4.1 1.8 6.4 7.5 173 22.8 -4.9 -0.8 1.0 25.0 Lizard International (4/30/15) 5,526,600 4.0 % 0.6 -8.3 -13.5 -11.6 5.9 - - - 14.9 21.6 0.5 0.4 7.2 26.8 MSCI ACWI exUS 0.9 -6.8 -10.1 -8.1 5.4 1.8 5.4 7.7 16.8 15.3 -3.9 -5.7 4.5 27.2 Global Equity (1/31/17) 4,589,480 3.3% 4.0% -1.1 -7.6 -9.0 -7.3 - - - - - - - - - - MSCI World 1 %-7 % 1.1 -5.8 -1.2 0.1 8.5 6.7 10.3 10.9 15.8 26.7 4.9 -0.9 7.5 22.4 Gobi Investment Fund Ltd (1/31/17) 4,589,480 3.3% -1.1 -7.6 -9.0 -7.3 - - - - - - - - - - MSCI World 1.1 -5.8 -1.2 0.1 8.5 6.7 10.3 10.9 15.8 26.7 4.9 -0.9 7.5 22.4 Non-U.S. Emerging Equity(9/30/07) 7,239,657 5.3% 5.0% 1.4 -5.8 -10.1 -7.0 10.8 2.7 4.0 9.7 18.5 -1.5 -1.3 -16.7 18.3 31.8 MSCI Emerging Markets 2%-8 % 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 Westwood Global (4/30/09) 4,865,581 3.5 % 0.0 -6.0 -9.4 -6.2 10.6 2.7 4.5 - 17.5 0.9 -0.9 -16.6 19.7 28.7 DFA Emerging Markets (12/31/07) 2,374,076 1.7% 4.4 -5.5 -11.6 -8.6 9.6 2.1 3.3 9.2 18.7 -3.1 -1.7 -15.8 12.1 36.6 MSCI Emerging Markets 4.1 -5.5 -12.2 -9.1 9.4 1.9 3.5 9.1 18.2 -2.6 -2.2 -14.9 11.2 37.3 U.S. Aggregate Bonds (3131/07) 31,909,606 23.1 % 24.0 % 0.6 -0.7 -0.9 -0.4 1.9 2.5 3.0 4.8 8.4 -1.9 6.4 0.4 3.1 3.7 Barclays Capital US Aggregate 21%-27% 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 4.2 -2.0 6.0 0.6 2.6 3.5 Garcia Hamilton Aggregate (7/31/14) 18,443,934 13.4% 0.5 -0.5 -0.2 0.3 2.3 - - - 10.2 -0.1 8.0 0.7 3.3 3.8 IR&M(6/30/09) 13,465,672 9.8% 0.6 -0.8 -1.7 -1.3 1.4 2.4 2.7 - 6.8 -1.5 6.9 0.3 3.0 3.7 Barclays Capital US Aggregate 0.6 -0.8 -1.8 -1.3 1.3 2.0 2.0 3.7 4.2 -2.0 6.0 0.6 2.6 3.5 TIPS (6/30/09) 12,519,991 9.1 % 7.0 % 0.4 -1.9 -1.9 -1.0 1.6 1.2 0.8 - 6.9 -8.8 3.9 -1.7 4.6 3.0 Barclays US TIPS 4%-11 % 0.5 -2.0 -1.8 -0.9 1.7 1.3 0.8 4.1 7.0 -8.6 3.6 -1.4 4.7 3.0 Vanguard Inflation Protected Securities (6/30/09) 12,519,991 9.1 % 0.4 -1.9 -1.9 -1.0 1.6 1.2 0.8 - 6.9 -8.8 3.9 -1.7 4.6 3.0 Barclays US TIPS 0.5 -2.0 -1.8 -0.9 1.7 1.3 0.8 4.1 70 -8.6 3.6 -1.4 4.7 3.0 0 2017 Silicon Valley Community Foundation 51Lll aN VA�LEY communiSy foun aeion- Silicon Valley Community Foundation Balanced Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr U.S. High Yield (6/30/09) 7,581,423 5.5 % 5.0 % -0.8 -1.0 1.1 1.4 6.0 4.5 7.2 Merrill High Yield 2%-8 % -0.9 -1.9 -0.1 0.2 71 4.4 6.6 Oak Hill Advisors Diversified (12/31/14) 7,581,423 5.5% -0.8 -1.0 1.1 1.4 6.0 - - 50% CSFB Leveraged Loan/50% Barclays Corporate HY -0.8 -1.0 1.8 2.1 6.3 4.2 5.9 Global Bonds (8/31/07) 15,755,597 11.4% 14.0% 0.1 -2.0 -3.5 -3.6 2.7 0.5 1.4 Citigroup World Gov't Bond 11%-17 % 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 Colchester Global Bond (8/31/07) 15,755,597 11.4 % 0.1 -2.0 -3.5 -3.6 2.8 0.2 1.1 Citigroup World Gov't Bond 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 Total Hedge Funds 6,476,350 4.7 % 7.0 % 0.2 -6.4 -2.2 -2.2 2.6 1.8 4.3 HFRI Fund of Funds 2%-12 % -0.7 -3.7 -2.6 -1.7 1.7 2.0 3.1 Equity Hedge (12/31/16) 6,476,350 4.7 % 0.2 -6.4 -2.2 -2.2 - - - HFRIEquity Hedged 0.1 -5.1 -3.1 -1.9 4.6 3.4 5.1 Lone Juniper (12/31/16) 6,476,350 4.71/. 0.2 -6.4 -2.2 -2.2 - - - HFRIEquity Hedged 0.1 -5.1 -3.1 -1.9 4.6 3.4 5.1 Cash & Equivalents (3/31/07) 7,689,357 5.6 % 0.0 % 0.2 0.5 1.5 1.5 0.7 0.5 0.3 U.S. Treasury Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 Targeted Weighted Expense Ratio 13 0.77% Asset Weighted Expense Ratio 0.73% 11. Balanced Policy Benchmark is 15% S&P 500 / 5% Russell 2000 / 14% MSCI EAFE/ 4 % MSCI Ac World /5% MSCI Emerging Mkts / 24% Barclays Capital US Agg / 14% Citigroup World GovY Bond/ 5% Merrill High Yield / 7% Barclays US TIPS /7% 60 % MSCI AC World (Net) 40 % Barclays Aggregate 12. Prior Allocations: 91112003 - 1213112004: 55% S&P 500145% Barclays Aggregate. 11112005 - 12/31/2007.,40% S&P 500/ 60 % Barclays Aggregate 13. Expense ratio is a weighted average based on the target allocation. Fee includes: Investment Management, Consulting, Custody and Administraive fees. Fee does not include carried interest expense or the expenses of individual mangers within fund of fund vehicles. Annual Periods - 17.8 9.5 4.8 -2.8 13.6 5.9 11.9 15.4 74 2.4 -4.6 173 75 - - 7.6 2.6 -2.8 13.6 5.9 10.2 15.4 7.4 2.4 -2.4 13.5 5.9 4.3 8.3 -2.9 1.1 -5.3 3.5 8.1 2.0 1.6 -4.0 -0.5 -3.6 1.6 7.5 3.4 8.9 -3.4 -0.2 -6.0 3.8 8.1 2.0 1.6 -4.0 -0.5 -3.6 1.6 7.5 5.6 9.9 13.7 0.7 -2.5 1.6 10.4 3.1 4.8 8.8 3.4 -0.3 0.7 77 - - - - - - 10.4 6.1 74 14.3 1.8 -1.0 5.5 13.5 - 10.9 17.0 2.3 1.0 - 10.4 6.1 74 14.3 1.8 -1.0 5.5 13.5 0.3 0.0 0.0 0.0 0.0 0.3 0.5 0.4 0.1 0.1 0.1 0.1 0.4 0.8 0 2017 Silicon Valley Community Foundation Silicon Valley Community Foundation Short -Term Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized Assets % of Market Value Pool November 30, 2018 Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr ange (%) % % % % % % % % Short -Term Pool (12/31/02) 180,105,145 100.0% 100.0% 0.2 -0.2 0.1 0.1 1.3 1.0 1.3 2.9 Short -Term Policy Benchmark 14 0.3 -0.3 -0.2 0.0 1.3 0.8 1.0 2.3 Barclays Capital 1-3 Year Gov't / Credit 0.3 0.3 0.8 0.8 0.9 0.8 1.2 1.7 U.S. Short Term Bonds (3/31/07) 112,639,742 62.5% 70.0% 0.3 0.2 0.3 0.4 0.9 1.0 1.1 2.1 90 Day Treasury Bills 65%-75% 0.2 0.5 1.7 1.8 0.9 0.6 0.4 0.3 Vanguard Short Term Bond (12/31/07) 112,639,742 62.5% 0.3 0.2 0.3 0.4 0.9 1.0 1.1 2.0 Barclays Capital 1-3 Year Gov't / Credit 0.3 0.3 0.8 0.8 0.9 0.8 1.2 1.7 TIPS (6/30/09) 24,348,218 13.5% 15.0% 0.0 -0.6 0.4 0.6 1.3 1.1 0.6 - Barclays US TIPS 12%-18% 0.5 -2.0 -1.8 -0.9 1.7 1.3 0.8 4.1 Vanguard Short Term TIPS (10/31/15) 24,348,218 13.5°% 0.0 -0.6 0.4 0.6 - - - - Barclays US TIPS 1-5 Yr 0.0 -0.7 0.2 0.4 1.3 0.5 0.4 2.5 Global Bonds (8/31/07) 22,954,455 12.7% 15.0% 0.1 -2.0 -3.5 -3.6 2.7 0.5 1.4 4.2 Citigroup World Gov't Bond 10%-20% 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 2.0 Colchester Global Bond (8/31/07) 22,954,455 12.7% 0.1 -2.0 -3.5 -3.6 2.8 0.2 1.1 3.4 Citigroup World Gov't Bond 0.5 -1.6 -3.2 -3.0 2.2 0.1 0.0 2.0 Cash & Equivalents (3/31/07) 20,162,730 11.2% 0.0% 0.2 0.5 1.5 1.6 0.9 0.5 0.4 0.3 U.S. Treasury Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 Targeted Weighted Expense Ratio 15 0.25% Asset Weighted Expense Ratio 0.23% 14. Short -Term Policy Benchmark is 75 % Barclays Gov/Credit 1-3 Years / 15 % Citigroup World Gov't Bond/ 10 % Barclays US TIPS 15. Expense ratio is a weighted average based on the target allocation. Fee includes: Investment Management, Consulting, Custody and Administraive fees. Fee does not include carried interest expense or the expenses of individual mangers within fund of fund vehicles. SILICON VALLEY community foundation' Annual Periods 012 2013 2014 2015 2016 2017 4.1 -1.2 1.5 -0.1 1.8 2.2 2.3 -1.0 0.9 -0.2 1.9 2.1 2.1 0.6 0.8 0.7 1.3 0.8 2.0 0.2 1.3 0.9 1.5 1.2 0.1 0.1 0.0 0.0 0.3 0.8 2.0 0.2 1.3 0.9 1.5 1.2 2.1 0.6 0.8 0.7 1.3 0.8 6.9 -8.9 4.1 -0.8 2.8 0.8 7.0 -8.6 3.6 -1.4 4.7 3.0 - -1.6 -1.2 -0.2 2.8 0.8 2.7 -2.0 -1.1 -0.2 3.1 0.8 8.6 -3.2 1.1 -5.4 3.6 8.1 1.6 -4.0 -0.5 -3.6 1.6 7.5 9.0 -3.4 -0.3 -6.0 3.8 8.1 1.6 -4.0 -0.5 -3.6 1.6 7.5 0.0 0.0 0.0 0.0 0.3 0.8 0.1 0.1 0.1 0.1 0.4 0.8 0 2017 Silicon Valley Community Foundation �SILICQN VALLEY community foundation' Silicon Valley Community Foundation Capital Preservation Pool Investment Performance Summary - Period Ending November 30, 2018 Net of Fees Annualized November 30, 2018 Annual Periods Assets % of Target/ 1 mon 3 mon CYTD 1 yr 3 yr 5 yr 7 yr 10 yr 2012 2013 2014 2015 2016 2017 Market Value Pool Range (%) % % % % % % % % % % % % % % Capital Preservation Pool (11/30/92) 363,617,740 100.0% 100.0% 0.2 0.5 1.4 1.5 0.8 0.6 0.5 0.6 0.4 0.4 0.2 0.2 0.3 0.8 U.S. Treasury Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 0.1 0.1 0.1 0.1 0.4 0.8 Money Market Funds 50.0% Vanguard Federal Money Market Fund (10/31/08) 175,990,345 48.4% 50%-100% 0.2 0.5 1.5 1.6 0.9 0.6 0.4 0.4 0.1 0.1 0.1 0.1 0.3 0.8 BNY Mellon Government Money Market Fund (7/31 /08) 24,326,298 6.7% 0.2 0.5 1.5 1.6 0.9 0.5 0.4 0.3 0.0 0.1 0.0 0.0 0.2 0.8 Insured Money Market (8/31/11) 25,702,249 7.1°% 0.2 0.5 1.2 1.2 0.5 0.4 0.3 - 0.2 0.3 0.1 0.1 0.1 0.3 Certificates of Deposit 50.0% CDARS (11/30/08) 129,379,303 35.6% 0%-50% 0.1 0.4 1.2 1.3 0.8 0.6 0.7 1.0 0.7 0.6 0.5 0.4 0.5 0.6 Non-insured CD's (5/31/17) 8,219,545 2.3°% 0.1 0.5 1.7 1.8 - - - - - - - - - - U.S. Treasury Bills 0.2 0.5 1.7 1.7 1.0 0.6 0.5 0.4 I 0.1 0.1 0.1 0.1 0.4 0.8 Targeted Weighted Expense Ratio 16 0.16% Asset Weighted Expense Ratio 0.15% 16. Expense ratio is a weighted average based on the target allocation. Fee includes: Investment Management, Consulting, Custody and Administraive fees. Fee does not include carried interest expense or the expenses of individual mangers within fund of fund vehicles. 2017 Silicon Valley Community Foundation Roger and Jean Hunt Duncan Fund (1012) Current Gift and Grant Information as of 01/10/2019 Gifts Gains or Losses on Gifted Assets Other Additions Investment Activity Grants Paid Grants Approved for Future Payment Pending Recommendations Interfund Transfers Support Fees Other Expenses Fund Balance and Investment Allocation Balance Available for Grants 0.00 $0.00 0.00 $0.00 0.00 $0.00 0.00 ($13,619.67) 0.00 $0.00 0.00 0.00 $0.00 0.00 $0.00 0.00 ($7,804.54) 0.00 $0.00 $1,518,664.35 As of 01A0/2019 $963,080.23 When reviewing your fund balance, please note the following: 1. All gift and grant transactions through the previous business day are reflected in the current balance of your fund 2. Investment activity for your fund is updated once per month. The community foundation posts investment activity from the preceding month during the third week of each month, after we receive this information from our managers. To determine when the last investment activity was posted to your fund, click on the amount in the Investment Activity line of your fund summary. 3. Support fees for the preceding month are posted by the second week of the following month. One -twelfth of the annual support fee is assessed based on the fund's average daily balance of the previous month. Fees are assessed before investment earnings are allocated. To view the date when the last fees were posted to your fund, click on the amount in Support Fees. ) --N Statement Period S I L I C O N VALLEY July 1, 2018 through September 30, 2018 community foundation® Fund Name/Number Roger and Jean Hunt Duncan Fund (1012) SVCF Main Contact: Linda Nguyen Philanthropy Advisor 650.450.5472 Inguyen@siliconvalleycf.org Thank you for the privilege of working together. Your philanthropy advisor - listed above - is here to help you make the most of our partnership. As you review your statement and make plans for your fund, always let us know what we can do. For all of the good that you do in our community and our world, thank you! Fund Activity Beginning Balance Investment Activity Endowment Pool Support Fees Ending Balance Fund Assets Statement Period Y-T-D $1,568,244.70 $1,540,088.56 29,402.93 61,433.77 (1,956.44) (5,831.14) $1,595,691.19 $1,595,691.19 Investment Pools Endowment Pool 1,595,691.19 Total Fund Assets $1,595,691.19 Restricted Balance Permanently/Temporarily Restricted Assets Total Restricted Balance Balance Available for Grants 555,584.12 $555,584.12 $133,953.18 SILICON VALLEY community foundation® Fund Name/Number Statement Period July 1, 2018 through September 30, 2018 Roger and Jean Hunt Duncan Fund (1012) Investment Performance 3 Month Y-T-D One Year Three Year Five Year Fund Returns 1.87% 3.99 % 6.86 % 8.68 % 6.53 % This Fund's Benchmarks 3.10% 3.60 % 8.20 % 11.60 % 7.60 % About Your Fund Statement ACCOUNTS PAYABLE: Expenses that have been approved, but are scheduled for payment on a future date. ASSETS TO BE INVESTED: Assets that have yet to be invested, but will be at the beginning of the following month. GAINS OR (LOSSES) ON GIFTED ASSET: Difference in the value of property when donated and the value when liquidated. GIFTS: Contributions/donations made to your fund. GRANTS AUTHORIZED: Reflects all grants to qualified organizations that have been recommended by the donor and approved by Silicon Valley Community Foundation. If the grant is scheduled for payment on a future date, it will also appear in the Restricted Assets section as Grants Payable, reducing the balance available for granting. GRANTS PAYABLE: Grants that have been approved, but are scheduled for payment on a future date. ILLIQUID ASSETS: Donated property that has not been sold. INTERFUND GIFTS: Transfers to your fund from another fund at Silicon Valley Community Foundation. INTERFUND GRANTS: Transfers from your fund to another fund at Silicon Valley Community Foundation. INVESTMENT RETURNS: Reflects the total return in the investment pool, net of investment management fees. OTHER ADDITIONS: Deposits to your fund that do not represent a gift, i.e. partnership income, dividends/interest earned on gifted securities, other assets received in exchange for goods or services. OTHER EXPENSES: Administrative expenses paid from your fund, i.e. legal, consulting and credit card processing fees. RECEIVABLES: Assets in the form of obligations due from others. RESTRICTED ASSETS: Assets that may not be used for granting purposes SECURITIES BEING LIQUIDATED: Gifted securities pending sale or settlement. SUPPORT FEES: An allocation to the community foundation's operating fund to enable on -going work with donors and the nonprofit community. Fees are computed and paid on a monthly basis (1/12) per the stated fee rate schedule. Investment Information Fund returns are net of investment fees and expenses. Periods greater than one year are annualized. This Fund's Benchmark is a composite policy benchmark return weighted by the fund's allocation to an investment pool. Each policy benchmark is comprised of market index returns weighted by the pool's strategic asset allocation target. Comparison to the benchmark is not appropriate if the fund's allocation changed during the performance period, or if the fund includes assets outside of the SVCF pools. Additional information regarding investments, performance and benchmarks is on the online portal under Investment Information. Please contact your philanthropy advisor with any questions. Investment Pool Allocation Guidelines Long -Term Growth: For funds seeking maximum growth. Appropriate for funds distributing less than 7% annually or that portion of a fund that can tolerate volatility and will remain invested for at least seven years to realize growth opportunities. Social Impact: For funds seeking maximum growth from companies with strong financial and social records. Appropriate for that portion of a fund that can tolerate volatility and will remain invested for at least seven years to realize growth. Balanced: For funds seeking more moderate levels of growth and risk. Appropriate for funds distributing over 7% annually or that portion of a fund that will remain invested for at least three years to realize return objectives. Short -Term: For funds seeking above money market returns and can tolerate some volatility. Appropriate for funds or that portion of a fund to be distributed in one to two years. Capital Preservation: For funds seeking stability, or the portion of a fund to be distributed within 1 year. ) SILICON VALLEY community foundation® Fund Name/Number Julia M. Farrell Memorial Fund (1014) Thank you for the privilege of working together. Statement Period July 1, 2018 through September 30, 2018 SVCF Main Contact: My Giving Team My Giving Team 650.450.5402 mygiving@siliconvalleycf.org Your philanthropy advisor - listed above - is here to help you make the most of our partnership. As you review your statement and make plans for your fund, always let us know what we can do. For all of the good that you do in our community and our world, thank you! Fund Activity Beginning Balance Investment Activity Endowment Pool Grants Authorized Support Fees Ending Balance Fund Assets Statement Period Y-T-D $5,636.05 $6,073.56 105.67 225.67 0.00 (542.66) (7.04) (21.89) $5,734.68 $5,734.68 Investment Pools Endowment Pool 5,734.68 Total Fund Assets $5,734.68 Restricted Balance Permanently/Temporarily Restricted Assets 5,000.00 Total Restricted Balance $5,000.00 Balance Available for Grants $0.00 SILICON VALLEY community foundation® Fund Name/Number Julia M. Farrell Memorial Fund (1014) Investment Performance Statement Period July 1, 2018 through September 30, 2018 3 Month Y-T-D One Year Three Year Five Year Fund Returns 1.87% 4.01 % 6.88 % 8.68 % 6.51 % This Fund's Benchmarks 3.10% 3.60 % 8.20 % 11.60 % 7.60 % About Your Fund Statement ACCOUNTS PAYABLE: Expenses that have been approved, but are scheduled for payment on a future date. ASSETS TO BE INVESTED: Assets that have yet to be invested, but will be at the beginning of the following month. GAINS OR (LOSSES) ON GIFTED ASSET: Difference in the value of property when donated and the value when liquidated. GIFTS: Contributions/donations made to your fund. GRANTS AUTHORIZED: Reflects all grants to qualified organizations that have been recommended by the donor and approved by Silicon Valley Community Foundation. If the grant is scheduled for payment on a future date, it will also appear in the Restricted Assets section as Grants Payable, reducing the balance available for granting. GRANTS PAYABLE: Grants that have been approved, but are scheduled for payment on a future date. ILLIQUID ASSETS: Donated property that has not been sold. INTERFUND GIFTS: Transfers to your fund from another fund at Silicon Valley Community Foundation. INTERFUND GRANTS: Transfers from your fund to another fund at Silicon Valley Community Foundation. INVESTMENT RETURNS: Reflects the total return in the investment pool, net of investment management fees. OTHER ADDITIONS: Deposits to your fund that do not represent a gift, i.e. partnership income, dividends/interest earned on gifted securities, other assets received in exchange for goods or services. OTHER EXPENSES: Administrative expenses paid from your fund, i.e. legal, consulting and credit card processing fees. RECEIVABLES: Assets in the form of obligations due from others. RESTRICTED ASSETS: Assets that may not be used for granting purposes SECURITIES BEING LIQUIDATED: Gifted securities pending sale or settlement. SUPPORT FEES: An allocation to the community foundation's operating fund to enable on -going work with donors and the nonprofit community. Fees are computed and paid on a monthly basis (1/12) per the stated fee rate schedule. Investment Information Fund returns are net of investment fees and expenses. Periods greater than one year are annualized. This Fund's Benchmark is a composite policy benchmark return weighted by the fund's allocation to an investment pool. Each policy benchmark is comprised of market index returns weighted by the pool's strategic asset allocation target. Comparison to the benchmark is not appropriate if the fund's allocation changed during the performance period, or if the fund includes assets outside of the SVCF pools. Additional information regarding investments, performance and benchmarks is on the online portal under Investment Information. Please contact your philanthropy advisor with any questions. Investment Pool Allocation Guidelines Long -Term Growth: For funds seeking maximum growth. Appropriate for funds distributing less than 7% annually or that portion of a fund that can tolerate volatility and will remain invested for at least seven years to realize growth opportunities. Social Impact: For funds seeking maximum growth from companies with strong financial and social records. Appropriate for that portion of a fund that can tolerate volatility and will remain invested for at least seven years to realize growth. Balanced: For funds seeking more moderate levels of growth and risk. Appropriate for funds distributing over 7% annually or that portion of a fund that will remain invested for at least three years to realize return objectives. Short -Term: For funds seeking above money market returns and can tolerate some volatility. Appropriate for funds or that portion of a fund to be distributed in one to two years. Capital Preservation: For funds seeking stability, or the portion of a fund to be distributed within 1 year.