# MCPHS University Endowment

MCPHS University Endowment is an Endowment / Foundation based in Boston, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** 179 Longwood Avenue, Boston, MA 02115, United States
- **Founded:** 1823
- **Assets under management:** 1710 (Altss estimate)
- **Website:** mcphs.edu
- **LinkedIn:** https://www.mcphs.edu

## Regulatory record

- **Reports private funds:** No

## About

MCPHS University was established in 1823. Its endowment manages the investment pool that funds the institution's health- and life-sciences programs. Richard J. Lessard leads the university as president while Christopher S. Flynn chairs the board of trustees. The endowment invests across mutual funds and maintains exposure to diversified holdings. Confirmed positions include a 61.12 percent stake in the GMO Strategic Opportunistic Allocation Fund as of recent filings. Geographic reach centers on the Northeast United States with additional facilities in New Hampshire. The university also holds direct real estate assets including the Boston campus at 179 Longwood Avenue and multiple Worcester properties used for academic and student housing purposes. The endowment reports 1.71 billion dollars under management. Additional offices operate in Worcester and Manchester. The university participates in the Colleges of the Fenway consortium and holds membership in the National Association of College and University Business Officers. In June 2024 the institution attended the Annual NAP Meeting and Forum in Jacksonville, Florida. The endowment operates as the investment vehicle for a 501(c)(3) educational institution rather than a standalone family office. Governance flows through the university's board of trustees and investment committee structure.

## Sectors

- Education

## People

- Richard J. Lessard — President
- Keith Bellucci — Chief Financial Officer
- Christopher S. Flynn — Chairman of the Board
- Gary J. Kerr — Treasurer and Auditor

## Questions

### Who runs investment decisions at MCPHS University Endowment?

Richard J. Lessard serves as president. Keith Bellucci acts as chief financial officer. Christopher S. Flynn chairs the board of trustees.

### Does MCPHS University Endowment participate in fund commitments or only direct deals?

The endowment holds a 61.12 percent stake in the GMO Strategic Opportunistic Allocation Fund. It also owns direct real estate assets used for campus operations.

### What is MCPHS University Endowment's known posture on co-investments alongside external GPs?

No co-investment activity with external general partners is disclosed in available records.

### How is MCPHS University Endowment related to its parent institution?

The endowment serves as the unitized investment pool for MCPHS University, a 501(c)(3) non-profit educational institution established in 1823.

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

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

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