# Mercer University Endowment

Mercer University Endowment is an Endowment / Foundation based in Macon, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Macon, United States
- **Region:** North America
- **Address:** 1501 Mercer University Drive, Macon, Georgia, United States
- **Founded:** 1833
- **Assets under management:** 502 (per Altss research record, 2021)
- **Website:** mercer.edu
- **LinkedIn:** https://www.linkedin.com/school/mercer-university

## Regulatory record

- **Reports private funds:** No

## About

Mercer University was founded in 1833. William D. Underwood led the institution as president from 2006 until 2025. The endowment reached $502 million by 2021. The endowment owns multiple properties in Macon and Atlanta through The Corporation of Mercer University. Holdings include the main campus, Cecil B. Day Graduate and Professional Campus, Mercer Village, and the Grand Opera House. It also maintains positions in public equities through the Student-Managed Investment Fund and limited partnership interests in venture vehicles via the Georgia Research Alliance. The university employs over 2,000 staff across its Georgia locations. Adjacent vehicles include the Mercer Athletic Foundation and Mercer University Foundation. A board of trustees meeting in November 2025 addressed endowment matters. The endowment operates under university governance with oversight from the Board of Trustees chaired by Cathy Callaway Adams. Direct ownership of operating real estate and cultural assets distinguishes its structure from typical financial endowments.

## Sectors

- Education

## People

- Cathy Callaway Adams — Chair of the Board of Trustees
- William D. Underwood — Former President

## Questions

### Who oversees investment decisions at Mercer University Endowment?

The Board of Trustees holds oversight. Cathy Callaway Adams serves as chair. Day-to-day management details are not publicly disclosed.

### What asset classes does the endowment hold?

Direct real estate, public equities via the student-managed fund, and venture capital interests through the Georgia Research Alliance.

### Does the endowment make direct investments in companies?

It holds ownership in MidCountry Financial Corp. and limited partnership stakes in venture vehicles.

### Where does the endowment maintain properties?

Properties are concentrated in Macon and Atlanta, Georgia.

### How large is the student-managed investment fund?

The fund holds approximately $1 million in listed equities.

## Related profiles

- [Fairfield University Endowment](https://altss.com/profile/fairfield-university-endowment)
- [Wuchan Zhongda Group Investment](https://altss.com/profile/wuchan-zhongda-group-investment)

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

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

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