Endowment / Foundation

Updated:

Hillsdale College

Hillsdale College was founded in 1844 as a private Christian liberal arts institution. Larry P. Arnn has served as president since 2000. The college's...

Hillsdale College logo

Hillsdale College

Hillsdale College was founded in 1844 as a private Christian liberal arts institution. Larry P. Arnn has served as president since 2000. The college's endowment originates from private donations and operates without government subsidies. The endowment holds direct real estate including the main campus in Hillsdale, Michigan, the Somers Center for Faith and Freedom in Connecticut, and the Allan P. Kirby Center in Washington, D.C. Additional holdings include the Slayton Arboretum, G.H. Gordon Biological Station, and the John Anthony Halter Shooting Sports Education Center. The portfolio also contains the Carus Coin Collection and The Liberty Walk sculpture series. Geographic exposure remains concentrated in the United States with properties in Michigan, Connecticut, and the District of Columbia. The college maintains 12 documented physical assets and participates in events such as the National Leadership Seminars. BNY Mellon serves as custodian. Recent sponsorship activity includes the April 2025 National Leadership Seminars in Kansas City. The endowment functions as the primary vehicle for institutional independence, replacing all federal and state student aid with private scholarships through its foundation structure.

General information

Firm type

Endowment / Foundation

Year founded

1844

Location

Region

North America

Country

United States

City

Hillsdale

Corporate office

33 East College Street, Hillsdale, Michigan, United States

Additional offices

Somers, CT, United States · Washington, D.C., United States

Principals

Larry P. Arnn

President

Patrick L. Sajak

Chairman

Stephen A. Van Andel

Vice Chairman

Sector focus

Education

Frequently asked questions

Who runs investment decisions at Hillsdale College?

Larry P. Arnn serves as president with oversight of the endowment. Patrick L. Sajak chairs the board of trustees and Stephen A. Van Andel serves as vice chairman.

What asset classes does the endowment hold?

Holdings consist primarily of direct real estate, land, and collectibles. Confirmed assets include the main campus, Somers Center, arboretum, biological station, and coin collection.

Does Hillsdale College participate in fund commitments or only direct deals?

The endowment focuses on direct ownership of physical assets and properties. No external fund commitments or co-investments are documented in available records.

Where does the underlying support come from?

Support derives from private donations. The endowment replaces federal and state student aid entirely with private scholarships.

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

No participation in external GP-led vehicles is recorded. Capital deployment stays within directly held institutional assets.

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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