# Saint Mary's College

Saint Mary's College is an Endowment / Foundation based in Notre Dame, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Notre Dame, United States
- **Region:** North America
- **Address:** Notre Dame, IN, United States
- **Founded:** 1844
- **Assets under management:** $311B (Altss estimate)
- **Website:** saintmarys.edu
- **LinkedIn:** https://www.linkedin.com/school/saint-marys-college/

## Regulatory record

- **Reports private funds:** No

## About

Saint Mary's College is a private Catholic women's liberal arts college in Notre Dame, Indiana, sponsored since its 1844 founding by the Sisters of the Holy Cross. The college educates roughly 1,600 students and maintains a campus whose physical plant includes Bertrand Hall, the Angela Athletic & Wellness Complex, the Cushwa-Leighton Library, and Lake Marian. The Sisters of the Holy Cross remain the sponsoring congregation and a major real estate partner. The endowment invests alongside the University of Notre Dame, which manages the pool. Confirmed asset-class exposure spans private equity, mezzanine, distressed debt, and natural resources, executed through a fund-of-funds structure. The college participates in the NACUBO annual endowment study, benchmarking against peer independent colleges. Geographic focus is North America. Philanthropic gifts — such as a $10M donation from trustees Clayton and MaryAnn Mathile for the Science Hall renovation — feed both the physical campus and the long-term portfolio. Team size and internal investment staff are not publicly disclosed; governance sits with The Corporation of Saint Mary's College, Notre Dame. The college belongs to NAICU and the ACCU. Jennifer Mathile Prikkel, a trustee and major donor, represents the Mathile family's ongoing philanthropic engagement with the institution. The relationship with Notre Dame extends beyond investment management to dual-degree programs and a co-exchange partnership, embedding the college in a larger academic and financial ecosystem. Saint Mary's structural differentiator is its pooled-endowment model with a larger, neighboring research university — placing a women's college inside the investment governance and manager-access pipeline of a multi-billion-dollar endowment. That architecture, combined with its status as a Catholic institution operating under USCCB tax-exempt structures, shapes a conservative, fund-of-funds posture distinct from independent small-college endowments that self-manage or outsource to an OCIO.

## Sectors

- Private Equity

## Questions

### What is the current size of the Saint Mary's College endowment?

Saint Mary's College does not publicly disclose its endowment value. Altss estimates the endowment at approximately $311 million, based on internal research benchmarks; the college participates in the NACUBO endowment study but does not publish individual figures.

### Does the college accept co-investments or invest directly?

Based on confirmed investment types, the endowment commits through a fund-of-funds structure rather than direct co-investments or single-deal SPVs. There is no public record of the college participating in club deals alongside external GPs or other family offices.

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

Canonical page: https://altss.com/profile/saint-marys-college

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