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Howard University Endowment
Howard University was established in 1867 as a private, historically black, federally chartered research university. It offers over 120 programs and holds R1...
Howard University Endowment
Howard University was established in 1867 as a private, historically black, federally chartered research university. It offers over 120 programs and holds R1 classification for very high research activity. The endowment supports scholarships and academic operations. The endowment participates in fund-of-funds commitments and direct real estate ventures. Confirmed holdings include the Bond Bread Factory redevelopment, Trellis House apartments, and Beltsville Research Campus. Geographic focus centers on North America with activity in Washington, D.C. and Maryland. It also holds limited partner interests in Base10 Partners and Battery Ventures. The university maintains memberships in NACUBO and Commonfund Institute. Service providers include Meketa Investment Group as investment advisor and RSM US LLP as auditor. July 2024: Attended NACUBO Annual Meeting in Chicago. Governance rests with the Board of Trustees, which includes executives from Citigroup and RLJ Lodging Trust. Investment decisions incorporate the university's mission focus on social justice and equity.
General information
Firm type
Endowment / Foundation
Year founded
1867
Location
Region
North America
Country
United States
City
Washington
Corporate office
Washington, D.C., United States
Principals
Frank Bello
Chief Investment Officer
Brian Swain
Director of Investments
Leslie D. Hale
Chair of the Board of Trustees
Laurence C. Morse
Chairman of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at Howard University Endowment?
Frank Bello serves as Chief Investment Officer and Brian Swain as Director of Investments. The Board of Trustees provides oversight.
Does Howard University Endowment participate in fund commitments or only direct deals?
The endowment acts as a limited partner in multiple venture and private equity funds. It also holds direct ownership in several real estate assets through joint ventures.
What investment stages does Howard University Endowment typically target?
The endowment targets early stage, seed, pre-IPO, and venture capital opportunities according to recorded investment stage data.
Where does the underlying wealth come from?
The endowment originates from donations and university resources accumulated since the institution's founding in 1867.
How is Howard University Endowment related to its parent institution?
The endowment functions as the primary investment vehicle for Howard University and directly supports its academic programs and scholarships.
Profile maintained by Altss 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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