Common use of INVESTMENT OF FUND ASSETS Clause in Contracts

INVESTMENT OF FUND ASSETS. The Community Foundation shall have all powers necessary, or in its judgment desirable, to carry out the purposes of the Fund including, but not limited to, the power to retain, invest, and reinvest the assets of the Fund and the power to commingle the assets of the Fund for investment purposes with those of other funds or the Community Foundation’s general assets. Funds may be invested in uninsured securities and are subject to investment risks that may result in loss of value.

Appears in 27 contracts

Samples: Donor Advised Endowment Fund Agreement, Agreement, Agreement

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INVESTMENT OF FUND ASSETS. The Community Foundation shall have all powers necessary, or in its judgment desirable, to carry out the purposes of the Fund including, but not limited to, the power to retain, invest, and reinvest the assets of the Fund and the power to commingle the assets of the Fund for investment purposes with those of other funds or the Community Foundation’s general assets. Funds may be invested in uninsured securities and are subject to investment risks that may result in loss of value.

Appears in 5 contracts

Samples: Designated Endowment Fund Agreement, Agreement, Designated Non Permanent Fund Agreement

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INVESTMENT OF FUND ASSETS. The Community Foundation shall have all powers necessary, or in its judgment desirable, to carry out the purposes of the Fund including, but not limited to, the power to retain, invest, and reinvest the assets of the Fund and the power to commingle the assets of the Fund for investment purposes with those of other funds or the Community Foundation’s Foundation s general assets. Funds may be invested in uninsured securities and are subject to investment risks that may result in loss of value.

Appears in 3 contracts

Samples: Field of Interest Endowment Fund Agreement, Discretionary Endowment Fund Agreement, Discretionary Scholarship Endowment Fund Agreement

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