# Utah State University Endowment

Utah State University Endowment is an Endowment / Foundation based in Logan, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Logan, United States
- **Region:** North America
- **Address:** Logan, UT, United States
- **Founded:** 1888
- **Assets under management:** Undisclosed
- **Website:** usu.edu
- **LinkedIn:** https://www.linkedin.com/school/utah-state-university/

## Regulatory record

- **Reports private funds:** No

## About

Utah State University Endowment is a US-based endowment plan headquartered in Logan, Utah. It oversees approximately $1 billion in assets, primarily focused on North America.

## Sectors

- Real Estate
- Agriculture
- Aerospace & Defense

## People

- Brad L. Mortensen — President
- Dave Cowley — Vice President for Finance and Administrative Services
- Tessa White — Chair of the Board of Trustees

## Questions

### How is the Utah State University Endowment managed?

The endowment falls under the purview of the Vice President for Finance and Administrative Services, currently Dave Cowley. It is invested alongside the university's broader treasury function. USU reports to NACUBO, which provides benchmarking against other university endowments nationally.

### What real assets does the endowment directly control?

USU's real-asset holdings include the Swaner Preserve and EcoCenter in Park City, the Bastian Agricultural Center and equestrian park in Southwest Salt Lake County, the Innovation Campus research park in North Logan, and land in Dammeron Valley. These are not purely investment properties; many serve ongoing academic, conservation, or extension programming.

### How does USU's endowment differ from those of other state universities?

The land-grant mission gives USU ownership of active agricultural and conservation properties that most endowments do not carry on their balance sheets. This means stewardship includes operational and educational mandates, not solely financial return objectives.

### Who sets the investment policy for the endowment?

Oversight is shared by the Board of Trustees, chaired by Tessa White, and the executive administration led by President Brad L. Mortensen, who took office in January 2025. The Vice President for Finance and Administrative Services implements the policy.

## Related profiles

- [Utah School & Institutional Trust Fund (SITFO)](https://altss.com/profile/utah-school-institutional-trust-fund-sitfo)
- [UTED Construction Investment Development (Group)](https://altss.com/profile/uted-construction-investment-development-group)

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

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