# Wheaton College (Illinois) Endowment

Wheaton College (Illinois) Endowment is an Endowment / Foundation based in Wheaton, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Wheaton, United States
- **Region:** North America
- **Address:** 501 College Ave, Wheaton, IL 60187, United States
- **Founded:** 1860
- **Assets under management:** ~$500M–$1.0B (Altss estimate)
- **Website:** wheaton.edu
- **LinkedIn:** https://linkedin.com/company/wheaton-college

## Regulatory record

- **Reports private funds:** No

## About

Wheaton College (Illinois) Endowment is a US-based endowment plan in Wheaton, Illinois. It manages $558 million in assets across one fund, primarily focused on North America.

## Sectors

- Education
- Real Estate

## People

- Chad Rynbrandt — Vice President for Finance and Operations and Treasurer
- Phil Hubbard — Chair of the Investment Committee
- Ken Larson — Founder and Investment Manager

## Questions

### Who runs investment decisions at Wheaton College's endowment?

Investment oversight rests with the Investment Committee of the Board of Trustees, chaired by Phil Hubbard. Day-to-day treasury operations and financial management fall to Chad Rynbrandt, Vice President for Finance and Operations. Ken Larson has served as the endowment's long-time investment manager, providing continuity in strategy and execution.

### How is the endowment invested and what asset classes does it include?

The endowment allocates across public equities via its Wheaton Stock Fund, fixed income through the Wheaton Bond Fund, and directly held real estate including campus buildings and gifted land. It also holds a collection of museum-grade art and artifacts housed in the Billy Graham Center. This hybrid mix is uncommon among higher-ed endowments.

### How is the endowment related to Wheaton College's broader finances?

The endowment is a segregated pool managed for the long-term support of the college's educational mission — funding scholarships, faculty chairs, and operations. Treasurer Chad Rynbrandt sits at the intersection of endowment management and college finance. A donor-advised fund operates alongside the endowment, providing a separate vehicle for philanthropic contributions.

### What is the significance of the Billy Graham Center collection in the endowment?

Wheaton College's endowment includes the Billy Graham Center Museum collection — a portfolio of rare artifacts, art, and cultural objects housed on campus. Including such non-financial assets as investable corpus is structurally unusual for a college endowment and reflects Wheaton's integration of mission-driven assets into its financial base.

## Related profiles

- [Wheat Givens Financial](https://altss.com/profile/wheat-givens-financial)
- [Wheaton College (Massachusetts) Endowment](https://altss.com/profile/wheaton-college-massachusetts-endowment)

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

Canonical page: https://altss.com/profile/wheaton-college-illinois-endowment

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