The Foundation held its annual “state of the foundation” breakfast at the Hood River Inn on Nov. 14 and the Riverview Room was filled with donor advisors and representatives of designated fundholder organizations to meet new investment manager Jim Coats and hear  updates from board chair Gil Sharp and executive director Jill Burnette on Foundation activities and grantmaking.  Coats’s presentation introduced Ferguson Wellman and described the firm’s approach to developing a strategic investment policy, managing risk in a changing environment, and best practices for socially responsible investment.