Endowment—$175 million
Endowment is the foundation of the institution, ensuring
its continued vitality and providing a substantial
flow of funds to the annual operating budget that supports
our entire enterprise.
Sustaining the College’s competitive position
as one of the nation’s top undergraduate colleges
requires that we increase our endowment. The Campaign
will seek endowment gifts for four purposes: faculty
and academic support, student
financial aid, programmatic
initiatives, and unrestricted
endowment.
For while the current level of Mount Holyoke’s endowment is substantial by many
standards, it is just half that of some of our closest
peers.
An endowment fund can be established with a minimum commitment of $100,000, which can be fulfilled over a period of years (five is typical) and the execution of a signed agreement (the "deed of gift") between the donor and the College on how the income from the endowment will be spent. The gift is commingled with Mount Holyoke's endowment and mirrors the overall investment performance, but is separately unitized and tracked so that we can report to donors on how their particular investment performs over time. MHC's endowment spending rule calls for distributing between 4.5% and 5.5% of a twelve-quarter debt-adjusted average market value of the endowment. For more information on establishing an endowment, please contact MaryAnne Young, Vice President for Advancement, or call 800-MHC-GIVE.
