# Lewis & Clark College

Lewis & Clark College is an Endowment / Foundation based in Portland, Oregon, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Portland, Oregon, United States
- **Region:** North America
- **Address:** 615 South Palatine Hill Road, Portland, OR 97219
- **Founded:** 1867
- **Assets under management:** 324.3 (per Altss research record, 2025)
- **Website:** lclark.edu
- **LinkedIn:** https://www.linkedin.com/school/lewis-&-clark-college/

## About

Founded in 1867 in Portland, Oregon, Lewis & Clark College operates a liberal arts college, a graduate school, and a law school. Its endowment, which held a market value of $324.3 million across nearly 90 funds as of May 31, 2025, exists to preserve principal and provide a stable earnings stream for the institution. President Robin Holmes-Sullivan and CFO Andrea Dooley oversee the financial architecture, with the Board of Trustees chaired by Paula Hayes and vice-chaired by Patrick Mahaffy. The endowment deploys capital across a diversified mix of asset classes. Confirmed allocations include private equity, venture capital, hedge funds, real estate, natural resources, infrastructure, and private credit. ClimateTech and Energy Transition & Renewables are explicit focuses. Geographic mandates span North America, Europe, Asia, Oceania, South America, and Africa. The fund engages through direct co-investments, fund-of-funds structures, secondaries, and distressed debt. A tangible on-campus asset, the Frank Manor House, reflects the endowment’s ownership of private real assets within Portland. Lewis & Clark is a founding member of the Intentional Endowments Network and a pilot participant in its Endowment Impact Benchmark. The college holds a Gold AASHE STARS rating for sustainability. A recent operational marker: Heidi Hu, a trustee and retired Transamerica Investment Management executive, committed $5 million to endow the college’s Career Accelerator program. The endowment’s structural differentiator is its binding policy architecture. The college has adopted ESG criteria, a fossil fuel divestment strategy, and an institutional net zero investment policy targeting the complete elimination of greenhouse gas emissions from the portfolio. Few endowments of this size combine all three commitments as binding constraints on asset allocation, making the fund a live case study in mission-aligned investing for private liberal arts colleges.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- Diversified

## People

- Robin Holmes-Sullivan — President
- Andrea Dooley — CFO
- Paula Hayes — Board Chair

## Questions

### Is the Lewis & Clark endowment fully divested from fossil fuels?

The college has adopted a fossil fuel divestment strategy as part of a broader sustainable endowment policy. It also targets institutional net zero, aiming to eliminate greenhouse gas emissions from the entire portfolio over time. These are binding policy commitments, not aspirational targets.

### What asset classes does the endowment invest in?

The endowment allocates across private equity, venture capital, hedge funds, real estate, natural resources, infrastructure, private credit, intellectual property and royalties, and international developed equity. The portfolio uses fund-of-funds structures, direct co-investments, secondaries, and distressed debt strategies.

## Related profiles

- [ISASA Provident Fund](https://altss.com/profile/isasa-provident-fund)
- [F. M. Kirby Foundation](https://altss.com/profile/f-m-kirby-foundation)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/lewis-clark-college

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