Endowment / Foundation

Updated:

Des Moines University Osteopathic Medical Center Endowment

Des Moines University Osteopathic Medical Center Endowment is a US-based endowment plan in West Des Moines. It manages approximately $80 million across three...

Des Moines University Osteopathic Medical Center Endowment logo

Des Moines University Osteopathic Medical Center Endowment

Des Moines University Osteopathic Medical Center Endowment is a US-based endowment plan in West Des Moines. It manages approximately $80 million across three funds, primarily focused on North America.

General information

Firm type

Endowment / Foundation

Year founded

1898

Location

Region

North America

Country

United States

City

West Des Moines

Corporate office

8025 Grand Avenue, West Des Moines, IA 50266, United States

Principals

Angela L. Walker Franklin

President and CEO

Mark Peiffer

Senior Vice President and Chief Financial Officer

Sally K. Mason

Chair of the Board of Trustees

Mary A. Radia

Vice Chair of the Board of Trustees

Sector focus

Healthcare ServicesEducation

Frequently asked questions

Who runs investment decisions at the Des Moines University endowment?

Investment oversight sits with the Board of Trustees' finance and investment committee, chaired by Sally K. Mason. Day-to-day financial leadership falls to Mark Peiffer, the Senior Vice President and CFO. Specific investment committee members are not publicly enumerated, but trustees Shahbaz Ahmed Merchant (CEO of Merchant Investment Trust) and John Ruan IV (Bankers Trust) bring direct asset-management and banking expertise to governance.

How did the 2023 campus consolidation affect the endowment?

The consolidation moved all university operations to a newly built West Des Moines campus, releasing the historic 3200 Grand Avenue site for repurposing as the DMU32 Health and Business Complex. For the endowment, this transaction converted a legacy operating asset into a repositioned commercial property or a realized gain — a material, non-recurring boost to the balance sheet that distinguishes this endowment from peers whose assets are almost entirely financial-portfolio holdings.

Is Des Moines University a public or private institution?

Des Moines University is a private, non-profit graduate health sciences university focused on osteopathic medicine, podiatric medicine, physical therapy, physician assistant studies, and related health professions. It is one of the oldest osteopathic medical schools in the United States, founded in 1898 as the Dr. S.S. Still College of Osteopathy.

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