An investment research company is planning to construct a database that will include performance and operational information on foundations, endowments and pension funds.
Morningstar hopes to have the launch the database, which the public can access free of charge, in early 2009.
The system will track foundations, pensions and endowments along about 300 data points, including portfolio holdings, fees and expenses, assets under management and quarterly performance.
Qualitative data, such as trustees and service providers, also will be included.
“This new database will for the first time allow those involved with the management of public and private plans as well as plan participants, donors and taxpayers to compare and benchmark these plans against their peers and to other portfolios,” Joe Mansueto, chairman and CEO of Morningstar, says in a statement.
Data for the system will be compiled using public sources and information supplied by participating funds.
Information about submitting data to be included in the database is available online.