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Mills College Endowment Fund

Name: Mills College

Assets Under Management: $307.2 Billion (Source: Mills College on 6/30/2010)

Annual Report: Financial Statements and Report of Independent Certified Public Accountants Mills College

Portfolio Insights: “Mills College (the “College”) is a private, primarily residential, nonprofit liberal arts college based in Oakland, California. The College provides education and training services for undergraduate women and graduate women and men, and performs training and other programs under grants, contracts, and similar agreements with its sponsors, primarily departments, and agencies of the United States government, and private donors.

The College’s endowment consists of approximately 500 individual funds established for a variety of purposes. The endowment includes both donor-restricted endowed funds and funds designated by the Board of Trustees to function as endowments. Net as
sets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.” (Source)

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Top Mills College Endowment Fund Headlines:

1) Congratulations to Mills College on the 20th anniversary of the great anti-coeducation student strike, the most successful student strike in history. Not only did the protesters get everything they wanted, there was absolutely no violence. And when it was all over, Mills was much better off than it had ever been before. In May 1990 Mills was facing a rapidly shrinking endowment fund. Not enough alumnae were contributing to their alma mater. The board of trustees assumed that their husbands were contributing to their own colleges, instead. (Source)

2) Sep 3, 2013 – The Mills College Art Museum (MCAM) is pleased to present Experiments in the Fault Zone, a multi-media exhibition exploring Mills’ internationally renowned commitment to experimentation and collaboration across the fine arts. This exhibition is the first museum examination of the extraordinary legacy of artistic innovation that continues to place Mills College at the forefront of advances in contemporary dance, music, intermedia and visual arts.

Removed from the more traditional cultural centers on the East Coast, the Bay Area has provided a unique and fertile breeding ground for nearly a century of artistic innovation at Mills. Experiments in the Fault Zone traces the key moments and figures involved in creative developments at Mills from the 1930s to the present through artwork, sound recordings, experimental films, archival photographs, and video and print documentation. (Source)

3) Alecia A. DeCoudreaux began her tenure as 13th president of Mills College on July 1, 2011. Born in Chicago, Illinois, DeCoudreaux received a bachelor of arts degree in English and political science from Wellesley College in 1976 and a doctor of laws degree from the Indiana University School of Law at Bloomington in 1978.

DeCoudreaux brings to the Office of Mills College President an extensive and distinguished professional background. Formerly a senior executive at Eli Lilly and Company, one of Fortune magazine’s “Global Top Companies for Leaders,” she served in a variety of important executive leadership roles over the span of the past three decades. As both a graduate of a women’s college and trustee on the board of Wellesley, one of the largest and most selective women’s colleges in the nation, DeCoudreaux provides Mills with a multifaceted professional background. (Source)

4) FunSpin Board Games President and Mills College alumna Betty Deitch recently donated U.S. patented Wall Street Spin® board games to children’s charity Kids Wish Network. The donation will be distributed to deserving kids through the charity’s Holiday of Hope gift-giving programs which reach children suffering from homelessness, neglect, abuse, or illness.

Deitch made this donation as a legacy for her late husband Donald Deitch, the co-inventor of Wall Street Spin. After the fall of the stock market, Donald, a former mortgage banker, and Betty, an award winning realtor, put their heads together to develop a series of fun and exciting games for kids and adults alike. (Source)

5) April 27, 2004–Mills College has received a pledge of $10 million from Bay Area business leader Lorry I. Lokey to create the only graduate business school in the West designed to prepare women for leadership and entrepreneurial success.

The Lorry I. Lokey School of Business will advance a key goal of the College’s strategic plan to expand avenues of leadership for women through graduate programs that meet their emerging academic and professional needs.

The founder, chairman and CEO of Business Wire, Lokey said his gift to Mills “is extremely timely because Mills is ready to further advance educational opportunities that will enable women to burst through the glass ceiling.” (Source)

About Richard C. Wilson