2024 Investment Briefing

Our 2024 Investment Briefing is split into three topics: Trends in Philanthropy, CCF Performance Review, and Market Update.

Click the buttons below or scroll down to watch the videos.

Trends in Philanthropy

Discussion between Frank Ghali, Founder & Chief Executive Officer at Jordan Park, and Mary Quilici Aumack, CEO at the Catholic Community Foundation

  • Trends Jordan Park and CCF are seeing among donors
  • How donors are thinking differently about philanthropy than in the past
  • Incorporating investing strategy as part of philanthropic strategy

 

CCF 2023 Performance

By Sean Finigan, Director of Finance and Administration

  • CCF’s investment objectives
  • 2023 returns for endowed and non-endowed investment pools

 

2023/2024 Market Update

By Erin Abouzaid, Senior Vice President, Head of Investment Strategy at Jordan Park

  • Review of markets in 2023
  • Preview of 2024
  • Insights into how Jordan Park constructs long-term portfolios designed to withstand the unexpected

Jordan ParkFeaturing our Investment Advisor, Jordan Park

Jordan Park is the investment advisor for the Foundation. Their team of experienced, empathetic and results-oriented managers provide data-driven investment and financial advice for all the Foundation’s funds. Jordan Park’s mission to enhance lives and legacies aligns with the Foundation, working to create FOREVER VALUE for our local Catholic community and to serve community needs.

 

Trends in Philanthropy

Frank Ghali

Frank Ghali

Founder, President & Chief Executive Officer @ Jordan Park

Frank has been an advisor to institutions, founders, entrepreneurs, executives, and their families on all aspects of wealth management since 2000. He founded Jordan Park in 2017. Prior to founding the firm, Frank was with Goldman Sachs from 2000 to 2017, serving as Managing Director from 2011 to 2017. He was previously a founding partner in an import/export business in the New York metropolitan area. He serves on the board of Built Technologies, a commercial construction lending software company in Nashville. He is also a member of YPO, a global leadership community of business operators and executives. He earned his BS/BA in Business Administration from Rutgers University and JD from the University of Pennsylvania, concurrently earning a Certificate of Study in Financial Management and Public Policy from the Wharton School of Business.

Mary Quilici Aumack

Mary Quilici Aumack

Chief Executive Officer @ The Catholic Community Foundation

Mary Quilici Aumack is the Chief Executive Officer of the Catholic Community Foundation where she has helped further the Foundation’s mission of creating FOREVER VALUE for the past 10 years. Prior to joining the foundation, Mary’s career was in high tech, including Vice President for Hewlett Packard, where she managed a $1Billion Enterprise Distribution business. Mary has a strong background in philanthropy. She is a former board member and current emeritus board member of Catholic Charities of Santa Clara County. She is a member of the Board of Fellows of Santa Clara University.

Catholic Community Foundation 2023 Performance Review

Sean Finigan

Director of Finance and Administration @ The Catholic Community Foundation

Sean Finigan has over 15 years of experience working for the Catholic Community Foundation. He has seen the organization grow from the Rooted in Faith Campaign which launched the Foundation, to expanding to a Community Foundation in 2012, and into its current role as the “Perfect Philanthropy Partner” here in Silicon Valley. Sean was the Operations Manager from 2017-2023 and is currently the Director of Finance and Administration.

Sean oversees finance and accounting for the Foundation, and is responsible for fund management, investment support, operations, IT, employee benefits, and database management. His areas of expertise are finance, systems, and audit.

2023/2024 Market Update

Market Update Video screenshot

Click above to access the video or copy and paste this link into your browser:
https://vimeo.com/jordanparkgroup/review/903499957/63c602fe24

Video Highlights

0:33 – 2023 Year in Review

3:15 – Market Recovery After Drawdowns

6:18 – One- vs. Ten-Year Returns

11:18 – Outlooks/Forecasts for 2022 and 2023 – How did they pan out?

13:45 – 2024 Outlook

19:08 – Creating Resilient Portfolios for Long-Term Returns

24:51 – Importance of Alternative Asset Classes for Long-Term Investments

Erin Abouzaid, PhD, CFA

Erin Abouzaid, PhD, CFA

Senior Vice President, Investment Strategy @ Jordan Park

Erin leads Investment Strategy for Jordan Park, focusing on applying an analytical lens to our asset allocation and portfolio construction process. She has been in the finance industry, working with investors for 15 years. Prior to joining Jordan Park, Erin was Head of Research at Flourish Financial LLC, a fintech firm. Previously, Erin worked in the Office of the CIO at Hutchin Hill, a multi-strategy hedge fund, and served as the first Chief Investment Officer for the endowment office of SUNY Stony Brook. She began her career in finance at State Street Associates, a partnership between State Street Global Markets and academics at MIT and Harvard.

Erin holds a PhD in High Energy Physics from the University of Chicago as well as a BS in Math and Physics from the University of Richmond and she is a CFA charterholder.

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