Endowment / Foundation

Updated:

Midwestern University

Midwestern University was founded in 1900 as the American College of Osteopathic Medicine and Surgery. It functions as a not-for-profit graduate institution...

Midwestern University logo

Midwestern University

Midwestern University was founded in 1900 as the American College of Osteopathic Medicine and Surgery. It functions as a not-for-profit graduate institution with programs in health sciences. The endowment provides support for operations, scholarships, and the Midwestern University Private Loan Program administered through its foundation. The endowment targets 13 percent allocation to private equity and maintains direct ownership of campus real estate through Midwestern University Properties Corp. Holdings include the 105-acre Downers Grove campus and the 156-acre Glendale campus, plus the Downers Grove Multispecialty Clinic and the Animal Health Institute. Geographic focus remains the United States with primary operations in Illinois and Arizona. No named external fund commitments or co-investors appear in available records. The university employs 761 people. It maintains membership in NACUBO and AACOM. A related foundation established in 1994 manages scholarship and loan programs. March 2026: Sponsored the Community Parkinson's Health Fair in Downers Grove, IL.

General information

Firm type

Endowment / Foundation

Year founded

1900

Location

Region

North America

Country

United States

City

Downers Grove

Corporate office

555 31st Street, Downers Grove, IL 60515, United States

Additional offices

Glendale, AZ, United States

Principals

Joshua C. Baker

President & CEO

Matthew Sweeney

CFO

Janet R. Bolton

Board Chair

Manuel H. Cairo

General Counsel

Sector focus

Healthcare ServicesEducation

Frequently asked questions

Who runs investment decisions at Midwestern University?

Joshua C. Baker as President and CEO oversees overall direction. Matthew Sweeney serves as CFO. The Board of Trustees, chaired by Janet R. Bolton, holds governance responsibility.

What asset classes does the endowment target?

Private equity carries a 13 percent target allocation. Direct real estate ownership covers the two campuses and medical facilities through Midwestern University Properties Corp.

Does Midwestern University participate in fund commitments or direct deals?

Available records show direct ownership of real estate assets. No specific external fund commitments or co-investors are disclosed.

Where does the endowment maintain its primary real estate holdings?

Holdings center on the Downers Grove, Illinois campus and the Glendale, Arizona campus, along with the associated multispecialty clinic and veterinary facilities.

How is the Midwestern University Foundation related to the endowment?

The foundation, established in 1994, administers scholarships and the Midwestern University Private Loan Program that has distributed over $86 million since inception.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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