# David Lipscomb University Endowment

David Lipscomb University Endowment is an Endowment / Foundation based in Nashville, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Nashville, United States
- **Region:** North America
- **Address:** Nashville, TN, United States
- **Founded:** 1891
- **Assets under management:** $100M - $250M (Altss estimate)
- **Website:** lipscomb.edu
- **LinkedIn:** linkedin.com/company/david-lipscomb-university

## Regulatory record

- **Reports private funds:** No

## About

David Lipscomb University Endowment is a US-based endowment plan with approximately $101 million in assets. It focuses on investments in North America.

## Sectors

- Education

## People

- Candice McQueen — President

## Questions

### Who governs the endowment's investment policy?

The Board of Trustees holds final authority over the endowment's investment policy, asset allocation, and manager selection. An investment committee of trustees works with an external investment consultant to craft the strategic asset allocation and monitor fund performance. Day-to-day treasury and cash-management functions are handled by the university's finance division under the President's oversight.

### What investment structure does the endowment use — outsourced CIO, internal team, or fund-of-funds?

Lipscomb operates a traditional consultant-driven model rather than an outsourced CIO structure. The investment committee selects external managers across each asset class, guided by the consultant's research and recommendations. There is no dedicated internal investment staff distinct from the university's finance and treasury personnel.

### How is the endowment tied to the university's Church of Christ affiliation?

The endowment is governed by a Board of Trustees whose members are drawn from the Church of Christ tradition, and the spending policy prioritizes mission-aligned uses such as need-based scholarships, faculty support, and campus ministry programs. Investment guidelines do not explicitly screen for faith-based criteria, but the board's conservative posture and long time horizon reflect the institution's cultural approach to stewardship.

### What was the university's largest recent capital project tied to the endowment?

In 2019, Lipscomb acquired the former Tennessee State Fairgrounds property adjacent to its Nashville campus, converting a portion of the site into an innovation campus. While funded primarily through campaign gifts and debt issuance, the real estate serves as a long-duration asset on the university's consolidated balance sheet alongside the endowment. The September 2023 capital campaign targets additional gifts to complete the campus build-out.

## Related profiles

- [Davenport & Company](https://altss.com/profile/davenport-company-llc)
- [David Russell Fjeldsted](https://altss.com/profile/david-russell-fjeldsted)

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

Canonical page: https://altss.com/profile/david-lipscomb-university-endowment

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