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, 2018 Market Value & Asset Allocation

Asset Allocation	Policy Allocation		Market	Actual
	Target	Range	Value	Allocation
Cash & Fixed Income	10%	5-20%	$104,002,063	14%
Domestic Equity	20%	15-35%	$208,039,881	29%
International Equity	20%	10-20%	$148,519,978	20%
Absolute Returns	15%	5-15%	$83,404,035	11%
Hedged Equity	15%	10-20%	$50,593,303	7%
Private Equity	10%	5-15%	$90,014,292	12%
Real Assets	10%	5-15%	$45,128,698	6%
			$729,702,250
BIPT (Funds held by others)			$35,332,815
Total Endowment Value			$765,035,065