Skip to main content area Skip to sub-navigation
Skip to main content
Autumn.JPG

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