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Ohio Wesleyan University Endowment Fund

Name: Ohio Wesleyan University

Assets Under Management: $392.5 Million (Source: Ohio Wesleyan University on 6/30/2014)

Annual Report: Ohio Wesleyan University and Subsidiaries Consolidated Financial Report June 30, 2014 and 2013

Portfolio Insights: “Ohio Wesleyan University (the University) is an independent, liberal arts institution of higher education offering various bachelor degree acade mic programs. The University derives its income from student tuition, gifts and grants, investment income, operation of residence halls and various related activities.

The University records permanent endowment gifts at historic dollar value. Distributions from endowment funds are spent in compliance with the donor’s restrictions applicable to the funds being distributed. The current spending rule provides an annual cash flow to the operating budget equal to the fixed amount of spending calculated at June 30, 1998 plus 5% of new endowment gifts each year through the current year.” (Source)

Our team, the Endowment Fund Association (EFA) and is the #1 community and most visited website dedicated to endowment fund professionals.  We provide endowment funds with buy-side co-investment and direct investment deal origination services, outsourced chief investment officer selection help,  and also provide Endowment 500 research and Endowment Database Solutions.

Top Ohio Wesleyan University Endowment Fund Headlines:

1) In 2012-2013, alumni, parents, and friends gave $6.4 million to OWU’s endowment. These gifts provide income and support now and into the future for every aspect of the university’s operations, including helping to make OWU tuition—currently $40,250—more affordable for students. Your contributions to growing OWU’s endowment make a significant impact in the lives of our students and their families.

Despite challenging recent years, OWU ranked first among our peers in the Great Lakes Colleges Association for our three-year average return on investment in the endowment. Strong oversight from the Board of Trustees Investment Committee, coupled with the work of talented staff, result in a well-managed endowment that improves the lives of current and future students and faculty. (Source)

2) Ohio Wesleyan University received a $250,000 gift to create to establish a faculty support fund, school officials announced.

Fifty years after earning his degree from the private liberal arts college, George Mahoney, Class of 1964, and his wife are honoring Mahoney’s former history professor and mentor, Richard W. Smith, by establishing The George R. Mahoney Jr. ’64 and Linda L. Mahoney Endowed Faculty Support Fund in his honor.

“Ohio Wesleyan has made a lasting impression on my life,” Mahoney said. “Professor Dick Smith has made an equally important and lasting impression. My wife and I are honored to recognize him with this endowed fund that will help support the work of other outstanding and inspiring OWU faculty members. We’re also pleased to be able to enhance our gift through the ‘Connect Today, Create Tomorrow’ major-gift match program.” (Source)

3) Dec 18, 2007 – Rock Jones, Hendrix College’s executive vice president and dean of advancement, has been selected as the 16th president of Ohio Wesleyan University, a nationally recognized undergraduate liberal arts college based in Delaware, Ohio.

A Hendrix alumnus, Jones has been in his current position since 2001 and led the college’s fundraising arm through significant financial growth during the past six years, including the development of a $100 million capital campaign. Hendrix has already raised more than $70 million of the goal, which has funded a new $23 million Wellness and Athletics Center and seeks to fully fund the college’s engaged-learning Odyssey program, along with other significant advancements at the college. Additionally, Hendrix’s endowment fund has nearly doubled during Jones’s tenure as executive vice president. (Source)

4) Ohio Wesleyan University is a liberal arts college. It offers Bachelor of Arts degree in accounting, astronomy, biological sciences, chemistry, computer science, fine arts, geology, journalism, mathematics, music, physical education, physics, psychology, religion, and theater. Ohio Wesleyan’s interdisciplinary majors include black studies, environmental studies, international studies, urban studies, and women’s studies. In addition the university offers Bachelor of Fine Arts in art history, arts education, and studio art; and Bachelor of Music in music education and performance. The university was established in 1842 and is based in Delaware, Ohio. It has endowment assets worth $121.6 million. (Source)

5) Ohio Wesleyan University has developed a sustainability plan, and the Presidents Task Force on Campus Sustainability is currently working on creating a master plan that incorporates sustainability. The university is completing its first energy audit in fall 2010 and is in the process of hiring its first full-time sustainability coordinator. (Source)

About Richard C. Wilson