The gifts received by the endowment will be invested with a money management firm chosen by the Board of Directors to serve as trustee/fiduciary for the fund. The funds received will be invested in accordance with an Investment Policy established by the Board of Directors. The mix of investments will be 60% stock/equities and 40% fixed income. This mix has historically resulted in growth for invested funds during normal market conditions and doesn’t expose the endowment to extreme risk. Based on market conditions, the 60/40 ratio of investments may be changed in order to preserve corpus during a down market.