Percentage of Investment Portfolio Managed by Minority/Women-Owned Business Enterprise (MWBE) Certified Managers As of June 30
3.8% 2020
29.6% 2021
3.3% 2019
Grand Rapids Community Foundation was a founding investor in a woman-owned index fund, opening the door for other institutional investors to participate.
27 | Grand Rapids Community Foundation
1.5%
2018
