Endowment / Foundation

Updated:

Willamette University Endowment

Willamette University was founded in 1842. Its endowment supplies annual distributions that fund financial aid and academic programs. Truman W. Collins Jr.

Willamette University Endowment logo

Willamette University Endowment

Willamette University was founded in 1842. Its endowment supplies annual distributions that fund financial aid and academic programs. Truman W. Collins Jr. serves as a trustee while also leading The Collins Foundation, a separate education-focused grantmaker. The endowment holds positions across real estate, energy, venture capital, and public equities. Confirmed holdings include Cadent Energy Fund, TCW European Clean Energy Fund, Pinnacle Ventures Equity Fund, and Commonfund Strategic Solutions Real Estate Opportunity Fund 2014, all accessed through WUE Investment Holdings, LP. It also owns 100 percent of Willamette Angel Fund, LLC, which has taken minority stakes in Zapproved, Thrive Causemetics, and Carlsmed. Geographic exposure centers on the United States with additional commitments in Europe. The portfolio includes a student-managed equity sleeve valued at $500,000. The university employs 754 people and operates additional facilities in Portland. It belongs to NACUBO and the Association of Governing Boards of Universities and Colleges. Aon Investments USA Inc. has acted as outsourced chief investment officer since 2021. December 2025: Signed letter of intent to merge with Pacific University. The endowment maintains full ownership of its primary real-estate holding company and art collections rather than delegating those assets to external managers. Governance ties to the university board and specific trustees create direct oversight of both financial and physical assets.

General information

Firm type

Endowment / Foundation

Year founded

1842

Location

Region

North America

Country

United States

City

Salem

Corporate office

900 State Street, Salem, OR 97301, United States

Additional offices

Portland, OR, United States

Principals

Katherine S. Cahill

Chair of the Endowment Committee

Truman W. Collins Jr.

Trustee

Sector focus

Diversified

Frequently asked questions

Who chairs the Endowment Committee at Willamette University Endowment?

Katherine S. Cahill, former Managing Director at BlackRock, chairs the committee.

Which external manager handles day-to-day investment decisions?

Aon Investments USA Inc. serves as outsourced chief investment officer under a mandate that began in 2021.

Does the endowment commit to external funds or hold only direct assets?

It commits to external vehicles including Cadent Energy Fund and TCW European Clean Energy Fund through WUE Investment Holdings, LP while also owning campus real estate and art collections outright.

What is the endowment's exposure to venture capital?

It owns Willamette Angel Fund, LLC outright and has taken minority positions in Zapproved, Thrive Causemetics, and Carlsmed.

Where does the endowment maintain physical assets?

It directly owns the 69-acre Salem campus, the Pacific Northwest College of Art campus in Portland, Zena Forest, and the Hallie Ford Museum of Art collection.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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