The college's Trustee Committee on Investments provides fiduciary oversight for the endowment investment management. The committee-approved investment policy and spending policy serve as guidelines for the endowment investment program.

The purpose of the endowment is to support the students. Our goal is to have returns sufficient enough to achieve intergenerational equity. The following Board approved policies help support this goal:

• Investment Policy - sets the asset allocation, and is reviewed regularly and updated as needed.
• Spending Policy - allows spending of approximately 5% of the Endowment each year. The change from year to year is capped at 5% up and 1% down.

Additionally the College has established a Proxy Voting process. The Campus Sustainability Council identifies a team to review proxies and may submit votes on securities the College directly owns.

Interactive Endowment Graphs

June 30, 2020 Market Value & Asset Allocation

Asset Allocation	Policy Allocation		Market	Actual
	Target	Range	Value	Allocation
Fixed Income	5%	5 - 15%	$22,463,430	3%
Absolute Return	15%	5 - 15%	$89,129,378	12%
Hedged Equities	10%	10 - 20%	$76,641,134	10%
Global Equities	35%	15 - 35%	$355,585,143	46%
Cash	10%	5 - 20%	$74,314,444	10%
Private Debt	8%	5 - 10%	$44,980,111	6%
Private Equity	13%	5 - 15%	$91,866,130	12%
Private Equity Real Estate	5%	5 - 15%	$14,800,749	2%
			$769,780,519
Beneficial Interests in Perpetual Trusts			$34,447,010
Total Endowment & Perpetual Trust Mkt Value			$804,227,529