Brown University Endowment Fund

Brown University Endowment Fund

The Brown University Endowment Fund was established with the university's founding in 1769. It receives capital exclusively from alumni and other donors rather than from a single family branch. Jane Dietze leads investment decisions as VP and Chief Investment Officer. The fund allocates across public equities, real assets, and private holdings. Confirmed positions include an allocation to iShares Bitcoin Trust ETF and a position in SPDR Gold Trust. Real assets encompass global property and land holdings such as Mount Hope Grant in Bristol, Rhode Island. Geographic exposure centers on North America with additional real-asset interests outside the United States. The structure relies on direct ownership of properties and ETF positions rather than external fund commitments. The endowment supports 7,200 professionals and staff indirectly through university operations. Additional holdings include commercial and residential properties at 272 Thayer Street and 172 Cushing Street in Providence. The fund participates in the Intentional Endowments Network for sustainable investing coordination. No operational changes were recorded in the last 24 months. Governance separates investment management from university administration through an Investment Office that reports to the Board of Fellows. This separation allows professional management of the portfolio while the university retains control over spending policy.