Mount Carmel Foundation Annual Report 2017 Annual Report | Page 6

Diamond Hill:
A Gem for Mount Carmel and the Community
Just as a gem relies on having many facets to create value,
so too does the relationship between the Mount Carmel
Foundation and Diamond Hill Capital Management.
“Creating long-standing relationships is one of our key strategic
initiatives — for both our business model and our charitable
giving,” says Tom Line, Chief Financial Officer for Columbus-
based independent investment management firm Diamond Hill
Capital Management. “The relationship between Mount Carmel
and Diamond Hill is well-established and enduring.”
Ric Dillon, Founder and Chairman of the Board for Diamond
Hill, has been involved with Mount Carmel in one way or
another for many years. Fellow Diamond Hill board member
Jim Laird served on Mount Carmel West’s Development
Committee, leading the fundraising effort for the Mount
Carmel Crime & Trauma Assistance Program. And Bill Zox, the
firm’s Chief Investment Officer — Fixed Income, served on the
Mount Carmel Foundation board, continuing the work started
by his father and sister.
“The longevity of our relationships with Mount Carmel matters
to us a great deal and it aligns with our focus on supporting the
needs of the Columbus community,” Line notes.
“Diamond Hill’s mission is to serve our clients by providing
investment strategies that deliver lasting value through a
shared commitment to our intrinsic value-based investment
philosophy, long-term perspective and disciplined approach,”
Chief Executive Officer Chris Bingaman explains. “This is
consistent with our mission to establish an effective and
meaningful charitable giving program that provides value to the
community.”
Julie McConnell, who chairs the firm’s charitable giving
committee, notes that the Diamond Hill Capital Management
Charitable Foundation, which was established in December
2006 as a donor-advised fund of The Columbus Foundation,
focuses its grants primarily on the needs of the local
community and causes that are meaningful to the firm’s
employees. The committee and Foundation place great
emphasis on matching employee gifts to causes about which
they’re passionate.
“The committee listens to associates and seeks to align its
focus with their personal philanthropy,” she says. “In this
way, we forge a strong partnership of giving throughout the
organization.”
With 90 percent of Diamond Hill’s workforce in the greater
Columbus area, employees and principals alike are able to
donate their time and talent to community organizations like
Diamond Hill Capital Management is committed to helping ensure the good health of the
community. Through the firm’s financial support of Mount Carmel’s new hospital in Grove City,
thousands of patients and families in central Ohio will benefit from people-centered care delivered
in the serene, healing-enhancing environment of the new state-of-the-art facility.
PAGE 4 | 2017 ANNUAL REPORT TO THE COMMUNITY