Name: University of Portland
Assets Under Management: $394.5 Million (Source: University of Portland on 12/5/2014)
Portfolio Insights: “The University of Portland (the University) is a private institution of higher education accredited by the Northwest Commission on Colleges and Universities. The University offers students a number of graduate and undergraduate degrees in programs covering a wide variety of academic disciplines.
The University is governed by the Uniform Prudent Management of Institutional Funds Act (UPMIFA), which identifies specific factors that must be considered in the University’s policies on investing and spending earnings from endowed funds.” (Source)
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Top University of Portland Endowment Fund Headlines:
1) Bill and Melinda Gates have awarded a $100,000 grant to the University of Portland’s Engineering Endowment Fund to support the university’s students participating in local, regional, and national engineering design contests.
“The Fund will enable students to enter even more national competitions, challenging their abilities and better preparing them for successful careers in engineering and computer science,” said Zia Yamayee, dean of the University’s School of Engineering.
The University’s School of Engineering offers degrees in five study areas: civil engineering, computer science, electrical engineering, mechanical engineering, and engineering management. The University emphasizes hands-on education beginning with freshman. Students’ first course challenges them to work as team members to solve problems. (Source)
2) A $4 million gift to the University of Portland will be used to create a permanent endowment to study ethics.
The gift, from Amy Dundon-Berchtold and Jim Berchtold, will fund the Dundon-Berchtold Fund for Moral Development and Applied Ethics.
The money is in addition to a $500,000 gift from the couple two years ago that launched a pilot program. The $4 million gift will create a permanent endowment and provide operating funds and money to hire a director.
“It means it is going to be permanently in place,” university President-elect Rev. Mark Poorman said, in a news release. “It means the things we are currently able to do, such as the character formation and applied ethics initiatives are going to be solidified. They’re going to be regular features here at University of Portland. They’re no longer pilot projects.” (Source)
3) The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through disciplinary and interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, service and leadership in the classroom, residence halls, and the world. (Source)
4) Rev. Mark L. Poorman, C.S.C., became University of Portland’s 20th president on July 1, 2014. Prior to this role, Fr. Poorman served as executive vice president, beginning in July 2011. As executive vice president, he had oversight for the divisions of University operations, financial affairs, University relations and student affairs. He is a professor of theology, teaching courses in Christian ethics and moral theology, and he was instrumental in the formation of the Dundon-Berchtold Fund for Moral Development and Applied Ethics which includes the Character Project and the Dundon-Berchtold Fellowships for students and faculty to explore ethics-related issues. Until he assumed the presidency, he served as pastoral resident in Schoenfeldt Hall.
Fr. Poorman came to the University of Portland from the University of Notre Dame, most recently serving there as a member of the theology faculty and as vice president for student affairs from 1999 to 2010. In that capacity, he was responsible for that university’s residential life as well as other student services, activities and programs, including campus ministry, Notre Dame Security Police, the student activities office, the counseling center, health services, the career center, the Office of Alcohol and Drug Education, the Gender Relations Center, and multicultural and international student services. Prior to his appointment as vice president for student affairs, Poorman served at Notre Dame as executive assistant to the executive vice president and the president. (Source)
5) The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through disciplinary and interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, service and leadership in the classroom, residence halls, and the world. Because we value the development of the whole person, the University honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. (Source)