Ria Charitable Investments

The Corporation operates two portfolios for the benefit of the participating organizations. The first is a short-term portfolio that invests funds in investment grade corporate bonds, government bonds, mortgage backed bonds and similar investment instruments. After paying expenses, this portfolio pays a fixed interest rate monthly to each supported organization based on the amount each deposited in this portfolio. The interest rate is established by the board of directors. The second is a long-term portfolio that invests funds in stock and alternative investment mutual funds with an objective of maximizing total return from capital appreciation and dividend income. Gains, losses, and expenses of operating the portfolio are allocated to each organization's account based on the amounts invested in the portfolio.