Endowment / Foundation

Updated:

Hill School Endowment

Hill School Endowment is a Pottstown-based endowment plan with approximately $195 million in assets across 18 funds, primarily focused on North America.

Hill School Endowment logo

Hill School Endowment

Hill School Endowment is a Pottstown-based endowment plan with approximately $195 million in assets across 18 funds, primarily focused on North America.

General information

Firm type

Endowment / Foundation

Location

Region

North America

Country

United States

City

Pottstown

Corporate office

860 Beech Street, Pottstown, PA 19464, United States

Principals

Kathleen Devaney

Head of School

Richard Wood

Treasurer and Chief Financial Operating Officer

Mark W. Cresap III

Trustee, Investment Committee

Owen A. Melhado

Trustee, Finance-Investment Committee

Sector focus

EducationReal Estate

Frequently asked questions

How is the Hill School Endowment governed?

A board of trustees and a Finance-Investment Committee oversee the endowment. The committee includes Head of School Kathleen Devaney, Treasurer and CFOO Richard Wood, and trustees with significant external investment experience—including Mark W. Cresap III of Cresap, Inc. and Owen A. Melhado of The Olayan Group. The full board includes notable technology figures such as former Microsoft President Jon Shirley and former NVIDIA Chief Scientist David Kirk.

What does the endowment's portfolio actually hold?

Disclosed holdings center on mission-related real estate: the main campus at 860 Beech Street, the Shirley Quadrivium Center, the Mercer Field House, and faculty residential properties in Pottstown. The endowment also holds a position in Denham Commodity Partners Fund VI LP, a natural resources fund, and maintains a permanent art collection. Beyond these assets, the endowment does not publicly disclose its full portfolio composition or allocation targets.

Does the endowment invest directly or only through funds?

The only publicly identifiable fund commitment is Denham Commodity Partners Fund VI LP, suggesting a manager-selection approach for at least part of the portfolio. However, the endowment's direct ownership of campus real estate and faculty housing constitutes a significant direct investment. Whether the portfolio includes direct co-investments, separate accounts, or additional fund commitments beyond Denham is not publicly disclosed.

What role do tech-alumni trustees play in investment decisions?

Jon Shirley and David Kirk serve as trustees, not as dedicated investment staff, and the school has not publicly described their specific involvement in investment committee deliberations. However, their presence on the board provides the endowment with networks and perspective from senior leadership at Microsoft and NVIDIA that most comparable educational endowments lack. Whether those relationships translate into investment access is not publicly documented.

Is the endowment's size publicly known?

No. The Hill School does not publicly report its endowment value in annual disclosures, IRS filings accessible through standard channels, or on its website. The portfolio is identifiable primarily through the school's owned real estate and a single disclosed fund commitment; estimates of total asset value are not available from any authoritative public source.

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