# Virginia Commonwealth University (VCU)

Virginia Commonwealth University (VCU) is an Endowment / Foundation based in Richmond, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Richmond, United States
- **Region:** North America
- **Address:** Richmond, VA 23284, United States
- **Founded:** 1838
- **Assets under management:** 613 (Altss estimate)
- **Website:** vcu.edu
- **LinkedIn:** https://www.linkedin.com/school/virginia-commonwealth-university/

## Regulatory record

- **Reports private funds:** No

## About

Virginia Commonwealth University was established in 1838 and restructured in 1968. Michael Rao leads the institution as president. The endowment originates from state support, tuition, and philanthropic gifts rather than a single family source. VCU allocates across real estate, public equities, and private vehicles. Holdings include iShares Gold Trust and interests in The Ram Fund LP and Ram Private Assets Fund LP. The university maintains direct ownership of multiple Richmond campuses and the VCU Rice Rivers Center in Charles City, Virginia. VCIMCO executes investment decisions. The endowment reports 14,531 employees across the university. VCU maintains four affiliated foundations including the MCV Foundation and VCU Real Estate Foundation. In June 2025 VCU sponsored the RESONATE Podcast Festival in Richmond. VCU routes investments through a dedicated management company rather than direct LP commitments by the university itself. This structure separates operating governance from portfolio decisions.

## Sectors

- Education

## People

- Michael Rao — President
- Nancy Everett — Former CEO and CIO of VCIMCO

## Questions

### Who runs investment decisions at VCU?

VCU Investment Management Company executes endowment investments. Nancy Everett previously served as CEO and CIO of VCIMCO.

### Does VCU participate in fund commitments or only direct deals?

The endowment holds interests in The Ram Fund LP and Ram Private Assets Fund LP through VCIMCO. It also maintains a position in iShares Gold Trust.

### How is VCU related to VCIMCO?

VCIMCO serves as the dedicated investment advisor to the VCU endowment and was established to manage university assets.

## Related profiles

- [James S. McDonnell Foundation](https://altss.com/profile/james-s-mcdonnell-foundation)
- [Kewpie Pension Fund](https://altss.com/profile/kewpie-pension-fund)

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

Canonical page: https://altss.com/profile/virginia-commonwealth-university-vcu

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