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Washburn Endowment Association
Washburn Endowment Association is a Topeka-based endowment plan managing approximately $112 million across 13 funds, primarily focused on North America.
Washburn Endowment Association
Washburn Endowment Association is a Topeka-based endowment plan managing approximately $112 million across 13 funds, primarily focused on North America.
General information
Firm type
Endowment / Foundation
Location
Region
North America
Country
United States
City
Topeka
Corporate office
Topeka, KS, United States
Principals
Megan Lea Jones
Chair of the Investment Committee and Trustee
Marshall Meek
President and CEO, Washburn University Alumni Association and Foundation
JuliAnn Mazachek
President, Washburn University
John C. Dicus
Trustee
Greg Brenneman
Strategic Advisor and Donor
Sector focus
Frequently asked questions
Who leads investment decision-making at the Washburn Endowment Association?
The Investment Committee, chaired by Trustee Megan Lea Jones, directs the association's portfolio strategy. Committee members include representatives with banking and business backgrounds, notably Trustee John C. Dicus, who serves as CEO of Capitol Federal Savings Bank. The committee does not operate with a large dedicated investment staff, relying on oversight from Foundation executives and periodic input from strategic advisors like Greg Brenneman.
How does the $50 million Brenneman gift affect the endowment's deployment strategy?
The $50 million commitment from CCMP Capital Chairman Greg Brenneman, announced in 2023, is one of the largest individual gifts to any Kansas public university. While the gift's distribution timing and purpose are set by donor agreement, it meaningfully increases the university's long-term capital base. As an alumnus and strategic advisor, Brenneman's ties may influence the endowment's access to private equity co-investment opportunities sourced through his CCMP Capital network.
Does the Washburn Endowment Association participate in direct real estate investments?
Yes. The association holds direct real estate assets in Topeka, including a retail shopping center, 1709 SW MacVicar Avenue, and the Ross House residential property. These local holdings supplement global private equity and real asset fund commitments, reflecting a dual approach that anchors part of the portfolio in tangible, community-adjacent assets.
What is the relationship between the Washburn Endowment Association and the Washburn University Alumni Association and Foundation?
The entities are operationally integrated under a single leadership structure. Marshall Meek serves as President and CEO of both the Foundation and the Alumni Association, which jointly manage fundraising, donor relations, and the administration of endowment assets. This unified model streamlines gift processing and investment oversight for a university of Washburn's size.
Which professional networks does Washburn Endowment Association participate in?
The association maintains memberships in three core higher-education professional networks: NACUBO, the Association of Governing Boards of Universities and Colleges, and the Council for Advancement and Support of Education. These affiliations provide benchmarking data, governance training, and peer exchange opportunities common among university endowments of similar scale.
How are cultural assets incorporated into the endowment portfolio?
The endowment holds the Mulvane Art Museum's permanent collection, the Rita Blitt Gallery and Sculpture Garden, and the 'I Dream A World' photographic portrait series. These assets serve a dual purpose — they are mission-aligned holdings that support the university's educational and community engagement goals while functioning as part of the association's long-term store of value.
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