The Helmsley Charitable Trust is taking a liquidity crunch off the table, amassing a 23% allocation to cash-like assets.
Private and community foundations saw 2017's double-digit investment gains go in the opposite direction last year, a report shows.
Foundations are going strong in impact investing, an area that is only expected to grow in the years ahead.
Investment portfolios are swelling for private foundations, which are continuing to embrace alternatives.
Private foundations reported an average return of 6.4% in 2016, while community foundations reported returns of 7.3%.