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Roger Williams University Endowment Fund

Name: Roger Williams University

Assets Under Management: $313.1 Million (Source: Roger Williams University on 6/30/2010)

Annual Report: Roger Williams University Consolidated Financial Statements June 30, 2010 and 2009 (With Independent Auditor’s Report Thereon)

Portfolio Insights:Roger Williams University (the University) is a private, liberal arts university that includes the College of Arts and Sciences, five professional schools, and The Roger Williams University School of Law.

The University’s endowment consists of approximately 80 individual funds, established for a variety of purposes, including both donor-restricted endowment funds (true endowment) and funds designed by the Board of Trustees to function as endowments. (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 Roger Williams University Endowment Fund Headlines:

1) Roger Williams University in Bristol, Rhode Island, has received a $7 million endowment gift — the largest single gift in the university’s history — from its board chairman, Ralph R. Papitto.

Mr. Papitto’s gift will help fund a range of programs at the school, with the largest portion set aside for need-based scholarships to the Ralph R. Papitto School of Law. In addition, the gift will be used to enhance the university’s general endowment in support of the schools of arts and sciences, business, architecture, engineering, education, and justice studies.

“Without his financial acumen, personal generosity, and leadership, we would not have been able to expand from a liberal arts college to a comprehensive university or accomplish the other advances of recent years,” noted university chancellor Dr. Anthony J. Santoro. (Source)

2) Bristol-based Roger Williams University is planning to renovate and lease One Empire Plaza, more than doubling its presence downtown for adult learners when it opens in May of 2016.

At a rental cost of about $23 million over 12 years for its law, continuing studies and community outreach programs, the university will lease from property owner Berkeley Investments Inc., 76,566 square feet of space that was formerly home to the failed 38 Studios. About $11 million will be spent on renovations, RWU President Donald J. Farish said in a press release.

The new, renovated site will replace RWU’s current location downtown at the Metro Center at 150 Washington St. (Source)

3) Roger Williams University is expanding its presence in Providence.  The school is moving into the former home of 38 Studios. One Empire Plaza is best known as the headquarters for the now defunct videogame company 38 Studios. The building will house the Roger Williams; center for continuing studies, graduate programs, and the Latino Policy Insititute. President Donald Farish said the new location will better serve adult and non-traditional students.  “If we were doing things out of Bristol, we’d simply become inaccessible to huge portions of the state.”

Farish said he’s excited to bring new life to the building.   “I’m looking forward to the day where that building is no longer identified as the 38 Studios building and we can talk about it as the Roger Williams downtown campus building.  We did look for any trace of bloody socks but didn’t find any,” said Farish; referring to the blood-stain sock baseball pitcher and former 38 Studio’s owner Curt Schilling wore in the 2004 World Series. The school plans an 11 million dollar renovation, with an opening expected for May 2016. (Source)

4) Roger Williams University is an independent, co-educational institution with a focus on undergraduate learning, paired with strong, related master’s degree programs. The University is also home to Rhode Island’s only law school. At RWU, liberal arts education is paired with education for the professions, providing an interdisciplinary educational model where both courses of study are enhanced by their integration and the recognition of their unity.

No matter what their major, all Roger Williams students develop the problem solving, reasoning, communications and teamwork attributes that employers seek. Outside the classroom, our students avail themselves of a full complement of co-curricular, athletic, social and experiential, pre-professional opportunities and resources — all on a beautiful, 143-acre waterfront campus. (Source)

5) Roger Williams University has named educator Andrew A. Workman, Ph.D. its provost and senior vice president, a role in which he will oversee all academic affairs responsibilities for the University.

Dr. Workman will report to RWU President Donald J. Farish, Ph.D., J.D., and serve as a key member of the senior administrative team at Roger Williams. He comes to the University from Mills College in Oakland, Calif., where he has served as vice provost since 2007.

“The search committee did a wonderful job and provided me with the names of four outstanding candidates for provost,” Dr. Farish said. “In the end, however, it was Andy’s enthusiasm, energy, warmth and proven competence as an academic administrator that made him stand out. I have every confidence he will prove a wonderful and effective colleague for both our faculty and our administrative team.” (Source)

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