The Community Foundation's Investment Committee sets the asset allocation of the Community Foundation' s investments, reviews investment performance, and has the discretion to add or change investment managers at any time.
We are very fortunate to have the assistance of a diverse and deeply talented group of community leaders and investment professionals. Our investment committee is currently responsible for investing the funds of several of the state's leading organizations and charities including Utah Permanent School and Institutional Funds, Deseret Mutual Benefit Administrators, several of Utah's largest private foundations, The United Jewish Endowed Trust of Utah, and Intermountain Healthcare.
Members of the Investment Committee
Sterling Jenson, Chair and member of the Board of Trustees, Regional Managing Director of Wells Capital Management, a unit of Wells Fargo & Company. Mr. Jenson is responsible for separate account portfolio management in the mountain region states from Idaho to Texas with combined assets of over $4 billion. Mr. Jenson has extensive experience in both investment management and financial services. Mr. Jenson is a member of the Board of the Hale Theater and an actor. He is the chairman of the National Advisory Council of the Marriott School of Management at BYU and a member of the Investment Advisory Committee of the Utah Permanent School and Institutional Funds. Mr. Jenson received a Bachelor's degree in Economics and an MBA from Brigham Young University.
Elizabeth Tashjian, Ph.D. is an Associate Professor of Finance at the University of Utah. She is Director of the Garn Institute of Finance and a David Eccles Fellow. Dr Tashjian received her Ph.D. in Finance from Purdue University and her B.A. in Mathematics from Boston College. Her primary research interests are in corporate financial distress and futures contract design. She won the Marvin J. Ashton Teaching Excellence award in 1999 for her work in developing the University of Utah Student Investment Fund. She serves on the Academic Advisory Council of the Turnaround Management Association. Dr. Tashjian is Vice President for Education and Youth at Congregation Kol Ami and serves on the board of the United Jewish Endowed Trust of Utah.
Kent Misener is the Chief Investment Officer and treasurer of Deseret Mutual Benefit Administrators and president and director of research for Crossroads Investment Advisors. Deseret Mutual Benefits Administrators is the employee benefits arm of the Church of Jesus Christ of Latter-day Saints and its affiliated organizations and manages its assets. Mr. Misener received his bachelor's degree in finance and economics and his MBA from Utah State University and serves on the Investment Committees of many organizations including Foundation for Education and Self Reliance and Intermountain Healthcare.
Investment Management
Our funds are currently invested in a series of funds with Vanguard.
