Investment Advisor

Halbert Hargrove

In January, 2011, the Centre for Fiduciary Excellence, LLC, in Toronto, Ontario, Canada, certified Halbert Hargrove to the standard described in the handbook "Prudent Practices for Investment Advisors." Halbert Hargrove is among the first Investment Advisors globally to successfully complete the independent certification process.

Russ Hill
Russ Hill: Chairman, CEO Halbert Hargrove MBA Stanford

The majority of investments are overseen by Halbert Hargrove—a Registered Investment Advisory firm, headquartered in Long Beach, California, focused on providing wealth advisory and investment services to high net worth individuals, foundations, and endowments.

Nick Strain
Nick Strain:
HHE Fund Councilor

Halbert Hargrove are independent wealth advisors and consultants with deep, constructive ties to research, market and technology-driven organizations. Their strategic approach is rooted in an investment philosophy developed through decades of experience in the markets, and in comprehensively managing wealth for institutional and individual clients.

Principal Growth by Year

Total Principal

Asset Allocation

Asset Allocation

Investment Returns Compared to NACUBO

To understand the investment returns of an endowment such as Hindu Heritage Endowment, it is helpful to compare it to similar investments. The National Association of College and University Business Officers (NACUBO) provides a relevant report once a year, toward the end of January, on the returns of the major university endowments in the United States. The 2014 results are based on 832 U.S. college and university endowments and affiliated foundations, representing over $516 billion in endowment assets. These institutions’ endowments returned an average of 15.5 percent (net of fees) for the 2014 fiscal year (July 1, 2013 – June 30, 2014) compared with 11.7 percent for the 2013 fiscal year. As universities function on a fiscal year of July 1 - June 30, the returns shown are for that period.

The chart below shows the returns as of June 30, 2014. The comparison chosen for Hindu Heritage Endowment is to endowments under $25 million.

For the one year period July 1, 2013 - June 30, 2014:

Hindu Heritage Endowment 14.11%

NACUBO Under $25 Million 15.5%

For the three year period July 1, 2011 - June 30, 2014:

Hindu Heritage Endowment 6.6%

NACUBO Under $25 Million 9.4%

For the five year period July 1, 2009 - June 30, 2014:

Hindu Heritage Endowment 11.22%

NACUBO Under $25 Million 12.00%

Nacubo Chart

Sri Subramuniya Kottam Fund

Supports school children in the village of Kopay, Jaffna, Sri Lanka.


Kauai Aadheenam Info-Tech Fund

Provides financing for IT (fund #86).


Hindu Literature Fund

Provides free Hindu literature (fund #58).


Hindu Heritage Endowment Administrative Fund

Supports the administrative work necessary to run Hindu Heritage Endowment.

UK Estate Planning

Planned Giving Guidance

Can he give away his home and keep it, too?