# Earlham College Endowment

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

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Richmond, United States
- **Region:** North America
- **Address:** 801 National Road West, Richmond, IN 47374-4095, United States
- **Founded:** 1847
- **Assets under management:** 419 (Altss estimate)
- **Website:** earlham.edu
- **LinkedIn:** https://www.linkedin.com/school/earlham-college/

## Regulatory record

- **Reports private funds:** No

## About

Earlham College was established in 1847 as a Quaker liberal-arts institution in Richmond, Indiana. Its endowment assets are held by the separate Earlham Foundation, Inc., created in 1931 to receive and invest principal gifts. The foundation commits to private-equity funds, infrastructure vehicles, and real-estate secondaries. Confirmed holdings include Iron Point Real Estate Partners II. Geographic exposure centers on the United States with additional global infrastructure allocations. Lilly Endowment Inc. has supplied multiple restricted funds that sit inside the larger pool. Cambridge Associates, Commonfund, and TIFF Investment Management serve as external advisors. The college itself reports roughly 400 employees. In 2023 the endowment participated in the NACUBO-Commonfund Study of Endowments for performance benchmarking. Investment decisions rest with the Earlham Foundation Board, six of whose members are appointed by the college Board of Trustees and two by the Western Yearly Meeting. This governance link between the Quaker yearly meeting, the college trustees, and the foundation creates the primary structural distinction from a typical college endowment.

## Sectors

- Education

## People

- Tania Deng — President of the Earlham Foundation Board
- Carrie Ervin — Vice President and Chief Financial Officer

## Questions

### Who runs investment decisions at Earlham College Endowment?

The Earlham Foundation Board holds authority. Tania Deng serves as president; six trustees are named by the Earlham College Board and two by the Western Yearly Meeting.

### Does Earlham College Endowment participate in fund commitments or only direct deals?

The foundation acts as a limited partner in private-equity, infrastructure, and real-estate funds. Iron Point Real Estate Partners II is a documented commitment.

### How is Earlham College Endowment related to Earlham Foundation?

The foundation is the legal entity that holds and invests the endowment assets for the benefit of the college and the Earlham School of Religion.

### What investment stages does Earlham College Endowment typically target?

The foundation allocates across venture, buyout, distressed debt, secondaries, and natural-resources strategies through external fund commitments.

## Related profiles

- [ARCIS Group](https://altss.com/profile/arcis-group)
- [Kimbell Art Foundation](https://altss.com/profile/kimbell-art-foundation)

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

Canonical page: https://altss.com/profile/earlham-college-endowment

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