# Goucher College

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

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Baltimore, United States
- **Region:** North America
- **Address:** 1021 Dulaney Valley Road, Baltimore, Maryland, United States
- **Founded:** 1885
- **Assets under management:** 293 (Altss research record) (Altss estimate)
- **Website:** goucher.edu
- **LinkedIn:** https://www.linkedin.com/school/goucher-college/

## Regulatory record

- **Reports private funds:** No

## About

Goucher College established its endowment in 1885 to support the liberal arts mission of the institution. The fund has grown through bequests, including a $55 million gift from alumna Anica Donnan Rawnsley in 2024 and a $10 million commitment from Judy C. Lewent for science facilities. Governance rests with the Board of Trustees and day-to-day oversight falls to President Kent Devereaux and CFO Brian Hutzley. The endowment deploys capital across U.S. equities, non-U.S. equities, hedge funds, real estate, natural resources, and venture vehicles. Confirmed holdings include a real assets portfolio valued at approximately $15.5 million. Geographic exposure centers on North America with additional commitments to global private equity and venture strategies. The college maintains an ESG policy and participates in the Intentional Endowments Network. Total assets stood at $293 million as of June 2024. The 203-person institution maintains its primary 287-acre campus in Towson, Maryland. Adjacent vehicles include the Goucher Museum Collection of more than 3,000 works and a planned university retirement community with Edenwald Senior Living. February 2025: Hosted the 2025 Annual Forum of the Intentional Endowments Network focused on sustainable investing. The endowment's structure separates investment management from college operations through external advisors TIFF Investment Management, Cambridge Associates, Brown Advisory, and Baker Tilly as auditor. This arrangement allows the college to maintain mission-related investing priorities, including a 2035 carbon-neutral target pursued with partners Maryland Clean Energy Center and NORESCO, while preserving capital for future academic needs.

## Sectors

- Education
- Healthcare Services
- ClimateTech
- Energy Transition & Renewables

## People

- Kent Devereaux — President
- Brian Hutzley — CFO and Senior VP for Finance and Administration
- Cindy Plavier-Truitt — Chair of the Board of Trustees

## Questions

### Who runs investment decisions at Goucher College?

President Kent Devereaux and CFO Brian Hutzley oversee endowment strategy with guidance from the Board of Trustees chaired by Cindy Plavier-Truitt. External advisors TIFF Investment Management, Cambridge Associates, Brown Advisory, and Harding Loevner execute day-to-day management.

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

It also holds direct real estate interests on campus and through joint ventures.

### What investment stages does Goucher College typically target?

The endowment targets venture capital across seed, early-stage, and growth opportunities as well as buyout and secondaries strategies through fund commitments.

### Which sectors does Goucher College explicitly avoid?

The endowment maintains negative exposure to digital assets and intellectual property royalties according to its documented investment policy.

### How is Goucher College related to its parent or related vehicles?

The endowment operates as the primary investment vehicle for Goucher College with no separate parent entity. It maintains partnerships with Whiting-Turner Contracting Company and Edenwald Senior Living for campus development.

### What is Goucher College's known posture on co-investments alongside external GPs?

The endowment participates as a limited partner in venture and private equity funds and holds minority ownership in real assets. No direct co-investment program alongside external GPs is documented.

## Related profiles

- [Norwich University Endowment](https://altss.com/profile/norwich-university-endowment)
- [Luzerne County Employees' Retirement Plan & Trust](https://altss.com/profile/luzerne-county-employees-retirement-plan-trust)

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

Canonical page: https://altss.com/profile/goucher-college

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