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



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 2017 results are based more than 800 U.S. college and university endowments and affiliated foundations, representing over $567 billion in endowment assets. These institutions’ endowments returned an average of 12.2 percent (net of fees) for the 2017 fiscal year (July 1, 2016 – June 30, 2017) compared with -1.9 percent for the 2016 fiscal year. As universities function on a fiscal year of July 1 - June 30, the returns shown are for that period. Despite this year’s gain, endowment results have generally been on the decline for much of the past decade. As a result, the annualized 10-year average return fell to 4.6 percent from last year’s 5.0 percent.

The chart below shows the returns as of June 30, 2017. The comparison chosen for Hindu Heritage Endowment is to endowments under $25 million.

For the one year period July 1, 2016 - June 30, 2017:

Hindu Heritage Endowment 11.73%

NACUBO Under $25 Million 11.60%

For the three year period July 1, 2014 - June 30, 2017:

Hindu Heritage Endowment 2.78%

NACUBO Under $25 Million 4.70%

For the five year period July 1, 2012 - June 30, 2017:

Hindu Heritage Endowment 6.35%

NACUBO Under $25 Million 8.10%

Nacubo Chart
 
Bharathi Fund

Bharathi Yoga Dhama Fund

Funds general maintenance of this ashram in Mysore, India

Ladies Home

Anantha Ladies Home Endowment

Provides care for displaced women at this Sri Lankan home

Pasupatheeswarar Fund

Alaveddy Pasupatheeswarar Temple Fund

Supports this Sri Lankan Siva temple, supporting pujas, festivals and reconstruction

Human Rights Fund

Endowment for Global Hindu Rights

Supports the human rights activities of the Hindu American Foundation

Planned Giving Guidance

Estate Planning Encouraged in the USA, Mauritius & Malaysia

Use Giving Assistant to save money and support Hindu Heritage Endowment