American National Red Cross

American National Red Cross (American Red Cross) manages an endowment fund based in Washington, District of Columbia. Established in 1881, it was founded by Clara Barton and a circle of her acquaintances, the mission of the American Red Cross is to prevent and alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors. The organization's primary purpose is to furnish volunteer aid to the sick and wounded of the Armed Forces in time of war and provide disaster relief and support to America's military families. The firm also offers blood donation, health and safety services, and international services. The assets of the endowment fund are managed and governed by the Board of Trustees.American National Red Cross' investment portfolio is valued at $1.01 billion, with investments in domestic and international equity, fixed income, private equity, real estate, real assets, cash, oil, gas, metals, mining, and hedge fund.