Updated:
Stevens Institute of Technology Endowment
Stevens Institute of Technology Endowment is a Hoboken-based endowment plan managing approximately $375 million across six funds, primarily focused on North...
Stevens Institute of Technology Endowment
Stevens Institute of Technology Endowment is a Hoboken-based endowment plan managing approximately $375 million across six funds, primarily focused on North America.
General information
Firm type
Endowment / Foundation
Year founded
1870
Location
Region
North America
Country
United States
City
Hoboken
Corporate office
1 Castle Point Terrace, Hoboken, NJ 07030, United States
Principals
Nariman Farvardin
President, Stevens Institute of Technology
Stephen T. Boswell
Chairman of the Board of Trustees
George M. Calhoun
Trustee and Director of the Quantitative Finance Program
Sector focus
Frequently asked questions
Who runs investment decisions at the Stevens Institute of Technology Endowment?
The Investment Committee of the Board of Trustees oversees asset allocation and manager selection. President Nariman Farvardin sits as an ex-officio committee member, while Chairman Stephen T. Boswell provides fiduciary governance. Trustee George M. Calhoun, who directs Stevens' Quantitative Finance Program, contributes technical expertise to the committee's analytical framework.
How does Stevens integrate its endowment with its academic mission?
The Stevens Student Management Investment Fund (SSMIF) allows graduate and undergraduate students to manage a dedicated portion of the endowment's assets under faculty supervision. This experiential program gives students direct portfolio management responsibility, bridging classroom finance theory with live capital allocation decisions.
What role does real estate play in the endowment's portfolio?
Stevens holds significant real estate assets in Hoboken, New Jersey, including the historic Edwin A. Stevens Hall, the Gateway Academic Center, and the University Center Complex. These properties serve dual purposes—housing academic functions while representing a tangible, income-producing asset base on the university's balance sheet adjacent to the financial endowment pool.
Is Stevens Institute of Technology's endowment publicly sized?
Stevens does not publicly disclose a specific endowment value. Membership in NACUBO places it within the association's broader benchmarking universe, but the institute has not published a standalone annual AUM figure in recent reporting cycles.
What philanthropic foundations contribute to the Stevens endowment?
The A. James & Alice B. Clark Foundation has been a significant donor, channeling capital toward engineering scholarships and facilities. The Taylor Endowment Fund also provides directed support. Both philanthropic vehicles augment the endowment's corpus rather than operating as separate foundations managed by Stevens.
Profile maintained by Altss 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.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: