# Lenoir-Rhyne University Endowment

Lenoir-Rhyne University Endowment is an Endowment / Foundation based in Hickory, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Hickory, United States
- **Region:** North America
- **Address:** Hickory, NC, United States
- **Founded:** 1891
- **Assets under management:** $150M – $200M (Altss estimate)
- **Website:** lrc.edu
- **LinkedIn:** https://www.linkedin.com/school/lenoir-rhyne-university/

## Regulatory record

- **Reports private funds:** No

## About

Lenoir-Rhyne University Endowment is a US-based endowment plan in Hickory. It manages approximately $137 million across 24 funds, primarily focused on North America.

## Sectors

- Education

## Offices

- Columbia, SC

## People

- Kathryn B. Makos — Vice President for Finance and Administration
- Fred Whitt — University President

## Questions

### How large is the Lenoir-Rhyne University Endowment?

The university does not publicly disclose its endowment value on a real-time basis. Based on its size as a regional liberal-arts university with roughly 2,000 students and two satellite campuses, Altss estimates the endowment in the $150 million to $200 million range. This places it in the bottom quartile of NACUBO survey participants.

### Is the endowment affiliated with the Lutheran church?

Yes. Lenoir-Rhyne University was founded by Lutheran pastors in 1891 and remains affiliated with the North Carolina Synod of the Evangelical Lutheran Church in America. The board of trustees maintains formal ties to the synod, and the university's mission statement reflects its Lutheran heritage. The endowment's spending supports this faith-based educational mission, though no public-facing exclusionary investment screens tied to the church are documented.

### How does the endowment relate to the Lutheran Theological Southern Seminary?

The Lutheran Theological Southern Seminary in Columbia, South Carolina, is a subsidiary campus of Lenoir-Rhyne University. The endowment's assets support operations and scholarships across all three university locations — Hickory, Columbia, and Asheville. LTSS maintains a separate "New Life Fund" for seminary-specific giving, but the endowment is a shared university asset.

## Related profiles

- [Lenfest Foundation](https://altss.com/profile/lenfest-foundation)
- [Lenovo Group](https://altss.com/profile/lenovo-group)

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

Canonical page: https://altss.com/profile/lenoir-rhyne-university-endowment

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