Endowment / Foundation

Updated:

Rider University Endowment

Rider University Endowment is a US-based endowment plan in Lawrenceville, managing approximately $83 million across 15 funds, primarily focused on North...

Rider University Endowment logo

Rider University Endowment

Rider University Endowment is a US-based endowment plan in Lawrenceville, managing approximately $83 million across 15 funds, primarily focused on North America.

General information

Firm type

Endowment / Foundation

Year founded

1865

Location

Region

North America

Country

United States

City

Lawrenceville

Corporate office

2083 Lawrenceville Road, Lawrenceville, NJ 08648, United States

Additional offices

Princeton, NJ (Westminster Choir College campus)

Principals

Gregory G. Dell'Omo

President

James P. Hartman

Senior Vice President for Finance/Treasurer and CFO

William M. Rue

Trustee

Sector focus

Education

Frequently asked questions

Who runs investment decisions at Rider University Endowment?

President Gregory G. Dell'Omo and Senior Vice President for Finance/CFO James P. Hartman oversee the endowment alongside a board investment committee. Rider does not employ a dedicated chief investment officer or external OCIO; investment governance is integrated into the university's senior administrative structure. This places asset-allocation decisions in the hands of executives who also manage the university's broader operating budget.

What is the estimated size of Rider University's endowment?

Rider does not publicly disclose a real-time AUM figure; Altss estimates the endowment pool in the $220 million to $260 million range based on NACUBO peer data and the university's enrollment and operating-budget scale. This places it in the lower quartile of private-university endowments nationally. The pool supports approximately 5% of Rider's annual operating expenses under a standard spending rule.

Does Rider University Endowment operate as a single fund or separate accounts?

The endowment functions as a single commingled investment pool under the university treasury, with marketable securities forming the core liquid portfolio. Separately held university assets — including campus real estate and the Rider University Art Gallery collection — sit outside the primary endowment investment vehicle. Named endowed funds, such as the $2.5 million gift from Arthur Stainman, are accounted for within the unified pool.

How does the endowment relate to Rider's Westminster Choir College campus?

Rider acquired Westminster Choir College in 1991, gaining a Princeton campus and a prestigious music-conservatory brand. After an attempted sale in 2019–2020 and subsequent reversal, Westminster remains an integrated academic unit of Rider University. The Princeton property is a university-held asset; any dedicated Westminster endowment funds are commingled in the university's overall investment pool and allocated according to donor restrictions.

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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