Mary Baldwin University

Mary Baldwin University

Mary Baldwin University was founded in 1842 as the Augusta Female Seminary and evolved into a private coeducational institution. The school retained its signature residential women's college — the Mary Baldwin College for Women — while adding coeducational undergraduate and graduate programs. The endowment supports this distinctive dual-structure model. The endowment's investment posture is directly visible in its real assets. Holdings include the Main Campus in downtown Staunton, the Murphy Deming College of Health Sciences in Fishersville, and multiple satellite campuses across Virginia. The institution also holds a fine-art collection anchored by the Hunt Gallery and works by sculptor Betty Gold. A mix of physical campus assets and a traditional financial portfolio defines the deployment shape. President Todd Telemeco was appointed in August 2025, succeeding Jeffrey Stein. The board of trustees includes Co-Chair Eloise Chandler, president of Vantage Consulting Group, and major donor Gabrielle McCree, namesake of the McCree Center for Life Success. The university is a member of the Virginia Foundation for Independent Colleges and the Council for Independent Colleges in Virginia. August 2025: Todd Telemeco was appointed the 11th president of Mary Baldwin University (per the university, 2025). The endowment's structure is inseparable from the university's operating business. It funds the mission of a multi-campus institution that spans a residential liberal-arts college and professional health-sciences programs. This architectural blend — a foundation entity, a board-led investment strategy, and a collection of income-producing physical assets — distinguishes its governance from a pure financial portfolio.