# College of Saint Benedict and Saint John's University

College of Saint Benedict and Saint John's University is an Endowment / Foundation based in Saint Joseph, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Saint Joseph, United States
- **Region:** North America
- **Address:** Saint Joseph, MN, United States
- **Founded:** 1913
- **Assets under management:** $131 million (Altss estimate)
- **Website:** csbsju.edu
- **LinkedIn:** https://www.linkedin.com/school/college-of-saint-benedict-and-saint-john-s-university/

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1913 by the Sisters of the Order of Saint Benedict, the College of Saint Benedict operates in a formal partnership with Saint John's University, a men's college established earlier by Saint John's Abbey. Together they function under a 'Strong Integration' model: a unified academic program, joint boards, and a single president. The arrangement creates an endowment that serves two distinct residential campuses — Saint Joseph and Collegeville, Minnesota — with combined annual giving and investment returns. The endowment runs a diversified strategy spanning co-investment, buyout, early-stage venture, fund-of-funds, mezzanine, and secondaries. Publicly documented investment structures include the Saint John's University Private Investment Fund, and the institution maintains a cryptocurrency donation position, signaling a posture open to digital assets within its treasury operations. Geographic focus remains national, with campus land holdings, residential facilities, and a solar field at Saint John's Abbey reflecting an operational blend of real assets and mission-aligned capital deployment. The board includes Corie Barry, CEO of Best Buy, and Chris Coborn, CEO of Coborn's Inc., alongside other trustees from Thrivent Financial and Northstar Capital. The institution's philanthropic architecture runs through the College of Saint Benedict Foundation and the Illuminating Lives Campaign. May 2026 marked the announcement of SJU graduate Reynaldo Aligada Jr. to the Minnesota Supreme Court, while the endowment's investment committee continues to pursue allocations in expansion-stage and multi-manager vehicles. Structurally, the CSB-SJU partnership is distinct among US higher-education endowments: two separately accredited colleges governed as a single economic and academic entity. The endowment must fund operations for two campuses, two monastic legacy relationships, and a shared faculty, creating a permanently dual-fiduciary mandate not found in typical single-institution endowments.

## Sectors

- Education

## Offices

- Collegeville, MN, United States

## People

- Brian J. Bruess — President

## Questions

### Who oversees the endowment's investment decisions?

The investment committee of the joint Board of Trustees governs the pooled endowment, advised by the institution's finance and administration leadership under President Brian Bruess. The committee draws on trustees with operating and investing backgrounds including Best Buy CEO Corie Barry and Northstar Capital founder Scott Becker.

### Does the endowment co-invest alongside external managers?

Yes. The strategy explicitly includes co-investment and co-investment multi-manager approaches. While specific co-investment partners are not publicly itemized, the Lilly Endowment is a documented co-investor through multi-million-dollar grants supporting theological and educational programs at the institutions.

### Where does the endowment's capital originate?

Capital flows from alumni and alumnae donations, major philanthropic campaigns such as the Illuminating Lives Campaign, foundation grants, and investment returns. The underlying monastic communities — the Sisters of the Order of Saint Benedict and Saint John's Abbey — are founding and sustaining entities but do not directly capitalize the endowment.

### How does the dual-college structure affect the endowment's mandate?

The 'Strong Integration' model means one endowment must fund two campuses, two student bodies, and two monastic legacy relationships under a single president. This permanently dual-fiduciary structure forces a higher operational draw and makes liquidity management more complex than a comparable single-institution endowment of similar size.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/college-of-saint-benedict-and-saint-johns-university

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology