# The Foundation for WWU & Alumni

The Foundation for WWU & Alumni is an Endowment / Foundation based in Bellingham, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Bellingham, United States
- **Region:** North America
- **Address:** Bellingham, Washington, United States
- **Founded:** 1966
- **Assets under management:** $145M
- **Website:** foundation.wwu.edu
- **LinkedIn:** https://linkedin.com/company/western-washington-university-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Western Washington University Endowment was established in 1893. It operates under the Western Washington University Foundation. Kim O'Neill serves as CEO while Andrea Sturm chairs the board. Dennis F. Madsen also sits on the board. The portfolio holds commercial real estate, land holdings and mixed-use assets such as Sculpture Woods on Lummi Island. It maintains positions in the Russell Investments Sustainability Fund. Geographic exposure centers on Washington state with additional holdings tied to the Bellingham campus. The endowment participates in professional networks including NACUBO and CASE. The team includes Mark Brovak as COO/CFO. Karen Richards previously chaired the investment committee. No dated operational events from the last 24 months appear in available records. Governance ties the endowment directly to the university foundation, separating donor intent from operating decisions through board oversight and designated fund structures.

## Sectors

- Education

## People

- Andrea Sturm — Board Chair
- Kim O'Neill — CEO of the Foundation and VP for University Advancement
- Mark Brovak — Senior Director and COO/CFO
- Karen Richards — Former Investment Committee Chair
- Dennis F. Madsen — Board Member

## Questions

### Who runs investment decisions at Western Washington University Endowment?

Kim O'Neill serves as CEO. Mark Brovak acts as COO/CFO. Andrea Sturm chairs the board. Karen Richards previously led the investment committee.

### How is the Western Washington University Endowment structured?

It functions as a university endowment under the Western Washington University Foundation. More than 600 separate funds support specific scholarships, professorships or programs.

### What asset classes appear in the portfolio?

Holdings include commercial real estate, land, mixed-use properties and art collections. The endowment also maintains a position in the Russell Investments Sustainability Fund.

### Where does the Western Washington University Endowment invest geographically?

Primary exposure sits in Washington state. Assets include Sculpture Woods on Lummi Island and properties linked to the Bellingham campus.

### Does the endowment maintain external affiliations?

It participates in AGB, NACUBO and CASE. These ties support governance standards and endowment management practices.

## Related profiles

- [Virginia Commonwealth University Foundation](https://altss.com/profile/virginia-commonwealth-university-foundation)
- [LMS Capital](https://altss.com/profile/lms-capital)

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Last updated: 2026-07-08T21:14:21.447Z

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