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INVESTMENT POLICY

INVESTMENT OBJECTIVE

The Investment objective of the portfolio is to preserve and increase the real inflation adjusted purchasing power of assets and to provide a predictable stream of real earnings to the Foundation.

ASSIGNMENT OF RESPONSIBILITIES

The Board of Directors shall ultimately be responsible for the investment policy. However, the Board of Directors has delegated the day to day responsibilities of investing the Foundation assets to the Investment Committee.

INVESTMENT PORTFOLIO

In June 2002, St. Bernard Kiwanis Foundation chose the Greater New Orleans Foundation to manage its investment portfolio. Attached is the Investment Policy of Greater New Orleans Foundation.

EVALUATION PROCEDURES

On a quarterly basis, the Investment Committee will meet to discuss the performance of the portfolio. The Investment Policy will be reviewed annually.

TERRIFIC KIDS
Terrific Kids is a student recognition program that promotes character development, self-esteem, and perseverance. Students work with their classroom teacher and establish goals to improve behavior, peer relationships, attendance, or schoolwork. Students then work toward achieving the goal during a specific time period. The teachers and principal determine the best schedule for recognition.