# Providence College Endowment

Providence College Endowment is an Endowment / Foundation based in Providence, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Providence, United States
- **Region:** North America
- **Address:** 1 Cunningham Square, Providence, Rhode Island, United States
- **Founded:** 1917
- **Assets under management:** 321 (Altss research, 2023) (Altss estimate)
- **Website:** providence.edu
- **LinkedIn:** https://www.linkedin.com/school/providence-college/

## Regulatory record

- **Reports private funds:** No

## About

The Providence College Endowment was established alongside the college in 1917. It operates as the primary financial reserve for a private Catholic university in Providence, Rhode Island. Resources support scholarships and institutional priorities. The endowment maintains allocations across private equity, real estate, and hedge funds. Confirmed positions include commitments to Providence Equity Partners Funds. It also holds direct ownership of the 105-acre main campus and the Ben Mondor Center for Nursing and Health Sciences. All activity remains within North America. The endowment lists 321 million dollars in assets as of 2023. It works with advisors including Putnam Investments, PAR Capital Management, and Cambridge Associates. October 2024 marked the launch of the Beyond Limits campaign targeting 300 million dollars in new commitments.

## Sectors

- Education
- Healthcare Services

## People

- Thomas P. Corcoran III — Chair of the Investment Committee
- Christopher M. Reilly — Vice Chair of the Investment Committee

## Questions

### Who runs investment decisions at Providence College Endowment?

Thomas P. Corcoran III serves as Chair of the Investment Committee. Christopher M. Reilly acts as Vice Chair. Additional members include Paul R. Galietto and Michael J. Tucker.

### Does Providence College Endowment participate in fund commitments or only direct deals?

The endowment holds limited partner positions in funds such as those managed by Providence Equity Partners. It also owns direct real estate assets including campus properties.

### What investment stages does Providence College Endowment typically target?

Records indicate exposure to buyout and venture capital strategies through fund commitments and co-investments.

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

Canonical page: https://altss.com/profile/providence-college-endowment

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