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Saint Francis University Endowment
Saint Francis University Endowment is a Loretto-based endowment plan managing approximately $60 million across 1 fund, primarily focused on North America.
Saint Francis University Endowment
Saint Francis University Endowment is a Loretto-based endowment plan managing approximately $60 million across 1 fund, primarily focused on North America.
General information
Firm type
Endowment / Foundation
Year founded
1847
Location
Region
North America
Country
United States
City
Loretto
Corporate office
Loretto, PA, United States
Principals
Very Rev. Malachi Van Tassell, T.O.R.
President, Saint Francis University
Robert Crusciel
Vice President for Advancement
Sector focus
Frequently asked questions
What is the endowment's investment strategy?
The endowment combines traditional diversified holdings with direct real assets. Disclosed assets include the main campus, a U.S. multifamily residential portfolio, the Immergrun Golf Course, and a global alternative investment allocation. The hybrid approach reflects both the university's Franciscan mission and the practical constraints of an endowment supporting a small, tuition-dependent rural institution.
Does the endowment accept donor-restricted gifts?
Yes. Advancement efforts run through Vice President Robert Crusciel, who oversees endowed gifts and donor relations. Like most university endowments, Saint Francis manages a mix of unrestricted and donor-restricted funds that support scholarships, academic programs, and facilities.
What is the relationship between Saint Francis University and the Franciscan order?
Saint Francis University is a Catholic institution founded in 1847 by six Franciscan friars of the Third Order Regular (T.O.R.). The university remains under Franciscan governance, with T.O.R. priests holding key leadership roles including the presidency and board chairmanship. The endowment operates within this faith-based institutional framework.
What real estate does the endowment hold?
Disclosed holdings include the main campus at 117 Evergreen Drive in Loretto, Pennsylvania; a multifamily residential portfolio across the United States; and the Immergrun Golf Course. Direct real estate ownership is a notable allocation alongside the more traditional alternative investment positions.
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