Our core competency is our research process, which combines independent thought and thorough analysis. We seek to take appropriate amounts of risk while not subjecting the Trust to undue levels of permanent capital loss. This is crucial because loss of capital results in less funding to our beneficiary. Additionally, we do not receive gift inflows like similar institutions, so we must ensure the current capital lasts perpetually while outpacing inflation. This does not mean we are risk averse, rather we look to design portfolios that can achieve absolute real returns over a full market cycle.