Informe de gestión del fondo endowment de la Fundación CARF

Management report,
endowment fund

The objective is that the endowment fund, endowment, The CARF Foundation's program is designed to meet the maximum possible number of study grants.

2025

Endowment CARF 2025 Foundation

The endowment 622,846 has been distributed for study grants, which represents 10 % of the total grants awarded by the CARF Foundation, which amounted to 6,228,466 € in 2025. See the detail of the report.

Real estate: 13,816,736 €.

Lorem Ipsum Pain

38,17 %

Variable income: 8,302,894 €.

Lorem Ipsum Pain

22,93 %

Fixed income: 4,552,933 €.

Lorem Ipsum Pain

12,58 %

Treasury - money market: 4,680,045 €.

Lorem Ipsum Pain

12,93 %

Private Equity: 1,601,172 €.

Lorem Ipsum Pain

4,42 %

Alternative management: 1,182,690 €.

Lorem Ipsum Pain

3,27 %

Real estate portfolio: 2,066,054 €.

Lorem Ipsum Pain

5,7 %

    Distribution of assets
    2025
    %
  


    Treasury-monetary
    4.680.045
    12,93 %
  

    Real estate portfolio
    2.066.054
    5,70 %
  

    Fixed income
    4.552.933
    12,58 %
  

    Equities
    8.302.894
    22,93 %
  

    Alternative management
    1.182.690
    3,27 %
  

    Private equity
    1.601.172
    4,42 %
  

    Real Estate
    13.816.736
    38,17 %
  

    Total:
    36.202.524 €
    100 %
  

    Portfolio profitability
    
    %
  
Treasury (monetary)
    
    2,45 %
  
    Real estate portfolio
    
    9,40 %
  
    Fixed income
    
    2,62 %
  
    Equities
    
    17,91 %
  
    Alternative management
    
    12,58 %

    Private equity
    
    4,36 %
  
    Real Estate
    
    6,83 %
  
    Global performance endowment:
    
    10,21 %

2024

Endowment CARF 2024 Foundation

The endowment fund, endowment, has distributed for study grants the amount of 552,490 € which represents 10 % of the total amount granted by the CARF Foundation, which reached 5,524,905 € in 2024. See the detail of the report.

Real estate: 14,113,387 €.

Lorem Ipsum Pain

43,5 %

Variable income: 6,554,601 €.

Lorem Ipsum Pain

20,2 %

Fixed income: 6,554,601 €.

Lorem Ipsum Pain

12,8 %

Treasury: 3,265,278 €.

Lorem Ipsum Pain

10,1 %

Private Equity: 1,655,321 €.

Lorem Ipsum Pain

5.1 %

Alternative management: 1,381,581 €.

Lorem Ipsum Pain

4,2 %

Real estate portfolio: 1,356,929 €.

Lorem Ipsum Pain

4,2 %

    Distribution of assets
    2024
    %
  


    Treasury
    3.265.278
    10,06 %
  

    Real estate portfolio
    1.356.929
    4,18 %
  

    Fixed income
    4.140.326
    12,74 %
  

    Equities
    6.554.601
    20,19 %
  

    Alternative management
    1.381.581
    4,26 %
  

    Private equity
    1.655.321
    5,10 %
  

    Real Estate
    14.113.387
    43,47 %
  

    Total:
    32.467.423 €
    100 %
  

    Portfolio profitability
    
    %
  
Treasury (monetary)
    
    3,097 %
  
    Real estate portfolio
    
    6,82 %
  
    Fixed income
    
    4,63 %
  
    Equities
    
    11,76 %
  
    Alternative management
    
    12,38 %

    Private equity
    
    9,58 %
  
    Real Estate
    
    6,45 %
  
    Global performance endowment:
    
    7,94 %

Vocación al saerdocio

2023

Endowment CARF Foundation 2023

The endowment has distributed for study grants the amount of 553,971 € which represents 10 % of the total amount granted by the CARF Foundation, which reached 5,539,713 € in 2023. See the detail of the report.

Real estate: 13,402,020 €.

Lorem Ipsum Pain

45.03 %

Variable income: 4,953,492 €.

Lorem Ipsum Pain

16,64 %

Fixed income: 3,484,889 €.

Lorem Ipsum Pain

11,71 %

Cash and cash equivalents: 2,553,270 €.

Lorem Ipsum Pain

8,58 %

Mixed funds: 1,956,971 €.

Lorem Ipsum Pain

6,57 %

Private equity: 1,654,971 €.

Lorem Ipsum Pain

5,56 %

Alternative management: 943,839 € 943,839

Lorem Ipsum Pain

3,17 %

Raw materials: 811,738 €.

Lorem Ipsum Pain

2.73 %

    Distribution of assets
    2023
    %
  


    Treasury
    2.553.270
    8,58 %
  

    Fixed income
    3.484.889
    11,71 %
  

    Equities
    4.953.492
    16,64 %
  

    Mixed funds
    1.956.654
    6,57 %
  

    Alternative management
    943.839
    3,17 %
  

    Raw materials
    811.738
    2,73 %
  

    Private equity
    1.654.971
    5,56 %
  

    Real Estate
    13.402.020
    45,03 %
  

    Total:
    29.760.873 €
    100 %
  

    Portfolio profitability
    
    %
  
Treasury
    
    3,50 %
  
    Financial assets
    
    9,57 %
  
    Real Estate
    
    5,17 %
  
    Private equity
    
    5,37 %
  
    Global performance endowment:
    
    7,46 %

2022

Endowment CARF 2022 Foundation

The endowment has distributed for study grants the amount of 523,000 € which represents 9 % of the total amount granted by the CARF Foundation, which reached 5,810,154 € in 2022. See the detail of the report.

Real estate: 11,591,043 €.

Lorem Ipsum Pain

47,20 %

Variable income: 4,473,540 €.

Lorem Ipsum Pain

18,21 %

Fixed income: 3,134,427 €.

Lorem Ipsum Pain

12,76 %

Mixed funds: 1,527,714 €.

Lorem Ipsum Pain

6,22 %

Private equity: 1,441,636 €.

Lorem Ipsum Pain

5,87 %

Alternative management: 1,037,243 €.

Lorem Ipsum Pain

4,22 %

Cash and cash equivalents: 888,497

Lorem Ipsum Pain

3,62 %

Raw materials: 468,273 €.

Lorem Ipsum Pain

1,90 %

    Distribution of assets
    2022
    %
  


    Treasury
    888.497
    3,62 %
  

    Fixed income
    3.134.427
    12,76 %
  

    Equities
    4.473.540
    18,21 %
  

    Mixed funds
    1.527.714
    6,22 %
  

    Alternative management
    1.037.243
    4,22 %
  

    Raw materials
    468.273
    1,90 %
  

    Private equity
    1.441.636
    5,87 %
  

    Real Estate
    11.591.043
    47,20 %
  

    Total:
    24.562.373 €
    100 %
  

    Portfolio profitability
    
    %
  
Treasury
    
    0,10 %
  
    Financial assets
    
    -5,64 %
  
    Real Estate
    
    5,64 %
  
    Private equity
    
    6,80 %
  
    Global performance endowment:
    
    -2,92 %

2021

Endowment CARF 2021 Foundation

In 2021 the endowment has distributed for grants the amount of 481,500 €, which represents 9 % of the total amount granted by the CARF Foundation. See the detail of the report.

Real estate: 11,111,500 €.

Lorem Ipsum Pain

40,89 %

Variable income: 6,027,087 €.

Lorem Ipsum Pain

22,18 %

Treasury: 3,261,096 €.

Lorem Ipsum Pain

12 %

Fixed income: 3,024,235 €.

Lorem Ipsum Pain

11,13 %

Private equity: 1,321,134 €.

Lorem Ipsum Pain

4,86 %

Mixed funds: 1,023,678 €.

Lorem Ipsum Pain

3,77 %

Alternative management: 963,633 € 963,633

Lorem Ipsum Pain

3,55%

Raw materials: 444,316 €.

Lorem Ipsum Pain

1,63 %

    Distribution of assets
    2022
    %
  
    Treasury
    3.261.096
    12,00 %
  
    Fixed income3.024.235
    11,13 %
  
    Equities6.027.087
    22,18 %
  
    Mixed funds
    1.023.678
    3,77 %
  
    Alternative management963.633
    3,55 %
  
    Raw materials
    444.316
    1,63 %
  
    Private equity
    1.321.134
    4,86 %
  
    Real Estate
    11.111.500
    40,89 %
  
    Total:
    27.176.679
    100 %

    Portfolio profitability
    
    %
  
Treasury
    
    0,05 %
  
    Financial assets
    
    10,75 %
  
    Real Estate
    
    3,86 %
  
    Global performance endowment:
    
    5,86 %

2020

Endowment CARF 2020 Foundation

In 2020 the endowment has distributed the amount of 400,000 € for study grants, which represents 9 % of the total amount granted by the CARF Foundation. See the detail of the report.

Real Estate: 10,891,609 €.

Lorem Ipsum Pain

44,29 %

Variable income: 5,671,412 €.

Lorem Ipsum Pain

23,06 %

Treasury: €3,783,261

Lorem Ipsum Pain

15,38 %

Fixed income: 1,931,115 €.

Lorem Ipsum Pain

7,85 %

Mixed funds: 660,412 €.

Lorem Ipsum Pain

2,68 %

Raw materials: 431,445 €.

Lorem Ipsum Pain

1,75 %

    Distribution of assets
    2021
    %
  
    Treasury
    3.783.261
    15,38 %
  
    Fixed income1.931.115
    7,85 %
  
    Equities5.671.412
    23,06 %
  
    Mixed and guaranteed
    660.412
    2,68 %
  
    Raw materials
    431.445
    1,75 %
  
    Private equity
    1.229.962
    4,99 %
  
    Real Estate
    10.891.609
    44,29 %
  
    Total:
    24.599.241
    100 %

    Portfolio profitability
    
    %
  
Treasury
    
    0,05 %
  
    Financial assets
    
    -2,41 %
  
    Real Estate
    
    4,10 %
  
    Global performance endowment:
    
    1,21 %

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