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Endowment

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   
Report an issue - Last updated: 04/20/2021