# New School Endowment

New School Endowment is an Endowment / Foundation based in New York, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 66 West 12th Street, New York, NY 10011, United States
- **Founded:** 1919
- **Assets under management:** 487 (Altss estimate)
- **Website:** newschool.edu
- **LinkedIn:** https://www.linkedin.com/school/the-new-school/

## Regulatory record

- **Reports private funds:** No

## About

The New School was founded in 1919. Its endowment supports bachelor's, master's, and doctorate programs in liberal arts and social sciences. The university itself functions as the 501(c)(3) parent entity. The endowment maintains positions across domestic equities, U.S. government-backed fixed income, private equity funds, venture capital funds, and long/short hedge funds. Real asset exposure includes global residential, commercial, and industrial real estate funds valued at $16.9 million. Geographic reach centers on the United States with additional holdings in international markets. Confirmed direct holdings include multiple New York City properties such as Stuyvesant Park Residence Hall. The endowment lists 487 professionals on university payroll though dedicated investment staff size remains undisclosed. Additional vehicles include The New School Foundation for donor-restricted scholarships. August 2024: Joel Towers was appointed tenth president. The endowment participates in the Intentional Endowments Network and maintains an AASHE STARS Silver rating. Governance routes through an Investment Committee chaired by Steven H. Bloom, a founding partner at Susquehanna International Group. This committee structure separates endowment decisions from the university's academic leadership while still aligning capital deployment with institutional mission.

## Sectors

- Education

## People

- Steven H. Bloom — Chair of the Investment Committee
- Joel Towers — President
- Linda E. Rapport — Chair of the Board of Trustees

## Questions

### Who runs investment decisions at New School Endowment?

Steven H. Bloom chairs the Investment Committee. The committee oversees allocation across equities, fixed income, and alternatives.

### Does New School Endowment participate in fund commitments or only direct deals?

The endowment acts as a limited partner in private equity funds, venture capital funds, and hedge funds. It also holds direct real estate assets in New York.

### What investment stages does New School Endowment typically target?

The endowment allocates to buyout, early-stage seed, expansion, turnaround, and general venture strategies through fund commitments.

### How is New School Endowment related to The New School Foundation?

The foundation operates as the university's main 501(c)(3) philanthropic arm while the endowment manages the investment pool supporting operations.

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

No direct co-investment activity is disclosed. The endowment participates as a limited partner in external funds.

## Related profiles

- [New Orleans Municipal Employees’ Retirement System (NOMERS)](https://altss.com/profile/new-orleans-municipal-employees-retirement-system-nomers)
- [Skidmore College Endowment](https://altss.com/profile/skidmore-college-endowment)

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

Canonical page: https://altss.com/profile/new-school-endowment

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