Endowment / Foundation

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Hendrix College Endowment

Hendrix College Endowment is a endowment / foundation based in Conway, founded 1884; the Altss profile covers its classification, headquarters, registration,...

Hendrix College Endowment logo

Hendrix College Endowment

Hendrix College Endowment is a US-based endowment plan with approximately $163 million in assets, focused on North America.

General information

Firm type

Endowment / Foundation

Year founded

1884

Location

Region

North America

Country

United States

City

Conway

Corporate office

Conway, AR, United States

Principals

Kenneth Gunderman

Chair, Investment Committee

Bernadette Hinkle

Executive Vice President for Finance and CFO

Sector focus

EducationReal Estate

Frequently asked questions

Who makes investment decisions for the Hendrix College Endowment?

The Investment Committee of the Board of Trustees, chaired by Kenneth Gunderman, sets policy and oversees manager selection. Day-to-day financial management is led by Executive Vice President for Finance and CFO Bernadette Hinkle. Neither the college nor the committee has disclosed the full roster of committee members beyond the chair.

How is the endowment's wealth generated?

The endowment has been built over 141 years through a combination of philanthropic gifts, bequests, and retained investment returns. Major philanthropic partners include the Windgate Foundation and the Alice L. Walton Foundation. The college is affiliated with the Arkansas Conference of the United Methodist Church, which has representation on the board.

Does the Hendrix endowment own direct real estate outside of financial securities?

Yes. The endowment owns The Village at Hendrix, a mixed-use development in Conway that operates as a commercial venture and community amenity. It also holds Hendrix Creek Preserve, a conservation land asset. These direct holdings are unusual for an endowment under $500 million.

Does the endowment invest in venture capital or private equity?

Hendrix does not publicly disclose its allocation to private markets. Peer liberal-arts endowments in the $100M–$250M range typically hold 5–15% in private equity and venture capital, but no specific commitment by Hendrix has been reported.

How is the endowment linked to the United Methodist Church?

Hendrix College has been affiliated with the Arkansas Conference of the United Methodist Church since its founding in 1884. The relationship includes board representation for the church but does not give the denomination control over investment policy. The endowment operates independently as a college asset.

What is the Windgate Museum of Art's relationship to the endowment?

The Windgate Museum of Art is a campus facility funded through philanthropic grants from the Windgate Foundation and the Alice L. Walton Foundation. The endowment itself holds the Hendrix College Permanent Art Collection housed in the museum, adding a tangible art asset to the portfolio.

Has the endowment disclosed any recent strategy changes?

No recent public statements describe changes in asset allocation or spending policy. The most visible capital deployment in the last several years is the completion of the Windgate Museum of Art, funded through multi-year campaign commitments rather than endowment drawdowns.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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