# Saint Francis University Endowment

Saint Francis University Endowment is an Endowment / Foundation based in Loretto, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Loretto, United States
- **Region:** North America
- **Address:** Loretto, PA, United States
- **Founded:** 1847
- **Assets under management:** $50M–$150M (Altss estimate)
- **Website:** francis.edu
- **LinkedIn:** https://linkedin.com/company/saint-francis-university

## Regulatory record

- **Reports private funds:** No

## About

Saint Francis University Endowment is a Loretto-based endowment plan managing approximately $60 million across 1 fund, primarily focused on North America.

## Sectors

- Education
- Real Estate
- Alternative Investments

## People

- Very Rev. Malachi Van Tassell, T.O.R. — President, Saint Francis University
- Robert Crusciel — Vice President for Advancement

## 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.

## Related profiles

- [Saint Barnabas Pension Plan](https://altss.com/profile/saint-barnabas-pension-plan)
- [Saint John's University (Minn.) (SJU)](https://altss.com/profile/saint-john-s-university-minn-sju)

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

Canonical page: https://altss.com/profile/saint-francis-university-endowment

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