# Northfield Mount Hermon School

Northfield Mount Hermon School is an Endowment / Foundation based in Mount Hermon, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Mount Hermon, United States
- **Region:** North America
- **Address:** 1 Lamplighter Way, Gill, MA 01354, United States
- **Founded:** 1879
- **Assets under management:** $150M - $250M (Altss estimate)
- **Website:** nmhschool.org
- **LinkedIn:** https://www.linkedin.com/school/northfield-mount-hermon-school/

## Regulatory record

- **Reports private funds:** No

## About

The Northfield Mount Hermon endowment traces its roots to 1879, when evangelist Dwight L. Moody founded the school across two campuses in rural western Massachusetts. Today the institution operates a single campus in Gill, having sold its original Northfield property to Thomas Aquinas College. The endowment is governed by a board stacked with institutional investment talent, including trustees Justin Wai of Blackstone and Jun Park of Brookfield Asset Management, alongside Chair of the Board Monie T. Hardwick and Treasurer Josephine Hart of JH Holdings. The endowment deploys through a deliberate mix of fund commitments, direct co-investments, and secondary transactions. Strategy tags span general venture capital, buyout, growth equity, fund-of-funds, and turnaround situations. The committee benchmarks performance against peers in the Association of Business Officers of Preparatory Schools. The portfolio is supported by a significant real asset footprint — the school controls a working farm, an ice hockey rink, the Rhodes Arts Center, and the Gilder Center, all held on its Gill, Massachusetts land holdings. The investment committee, chaired by Stephen Gauster, draws directly on the operational expertise of its trustee base. Bader A. El-Jeaan, co-founder of Kuwait-based Meysan Partners, sits on both the board and investment committee, while Sam Calagione, founder of Dogfish Head Craft Brewery, serves as an alumnus trustee. The school is a member of the Eight Schools Association, an elite cohort of New England boarding schools that includes Choate Rosemary Hall and Deerfield Academy. What distinguishes NMH is the degree to which institutional investment managers serve not just as advisors but as governing fiduciaries. Rather than an outsourced CIO model, the endowment embeds investment decision-making inside a board that includes senior dealmakers from Brookfield, Blackstone, and a Kuwaiti law firm partnership — a governance architecture that collapses the distance between investment committee and operating committee.

## Sectors

- Private Equity
- Venture Capital
- Secondaries & Special Situations
- Real Estate

## People

- Brian H. Hargrove — Head of School
- Monie T. Hardwick — Chair of the Board of Trustees
- Stephen Gauster — Chair of the Investment Committee
- Justin Wai — Trustee; Senior Managing Director at Blackstone
- Jun Park — Trustee; Managing Director at Brookfield Asset Management
- Bader A. El-Jeaan — Trustee and Investment Committee member; Co-founder of Meysan Partners
- Josephine Hart — Treasurer; Managing Principal of JH Holdings

## Questions

### Who makes the investment decisions at Northfield Mount Hermon?

The investment committee is chaired by Stephen Gauster and includes trustees with direct institutional investment backgrounds. Named committee member Bader A. El-Jeaan is a co-founder of Meysan Partners, while the full board draws on senior leaders from Blackstone, Brookfield, and JH Holdings. The Head of School, Brian H. Hargrove, and the board chair, Monie T. Hardwick, oversee the broader fiduciary framework.

### How does NMH structure its endowment portfolio?

The endowment uses a multi-manager approach that combines fund commitments with direct co-investments and secondary transactions. Strategy tags cover venture capital, buyout, growth equity, and turnaround situations, with performance benchmarked against the Association of Business Officers of Preparatory Schools peer set.

### Does the endowment hold any real assets beyond financial investments?

Yes. The school controls substantial real property on its Gill, Massachusetts campus, including a working farm, an ice hockey facility called the NMH Ice Barn, the Rhodes Arts Center, and the Gilder Center. The original Northfield campus was sold to Thomas Aquinas College, which now operates a satellite campus there.

## Related profiles

- [Natural History Museums of Los Angeles County](https://altss.com/profile/natural-history-museums-of-los-angeles-county)
- [City of Pittsfield](https://altss.com/profile/city-of-pittsfield)

---

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

Canonical page: https://altss.com/profile/northfield-mount-hermon-school

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology