# Defiance College Endowment

Defiance College Endowment is an Endowment / Foundation based in Defiance, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Defiance, United States
- **Region:** North America
- **Address:** 701 N. Clinton St, Defiance, OH 43512, United States
- **Assets under management:** Undisclosed
- **Website:** defiance.edu

## Regulatory record

- **Reports private funds:** No

## About

Defiance College Endowment is a US-based endowment plan with approximately $22 million in assets, focused on North America.

## People

- Richanne C. Mankey — President

## Questions

### What physical assets does the college own beyond the investment portfolio?

The college balance sheet includes the main campus at 701 North Clinton Street, the Anthony Wayne Library of American Study Collections, and the Thoreau Wildlife Sanctuary, established in partnership with the Diehl Family Foundation. These are held as operating or programmatic assets rather than investable capital. The sanctuary in particular represents a place-based philanthropic asset that integrates with the college's environmental programming.

### How does declining regional enrollment affect the endowment's spending policy?

Northwest Ohio faces a well-documented decline in college-age population, which pressures tuition revenue at private institutions like Defiance College. The endowment's spending policy must balance current operating needs with long-term preservation in an environment where enrollment-driven revenue is structurally challenged. This context makes the endowment's draw rate a more acute governance concern than at demographically growing institutions.

## Related profiles

- [Defelice Capital Management](https://altss.com/profile/defelice-capital-management)
- [Defiant Capital Group](https://altss.com/profile/defiant-capital-group-dcg)

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

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