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Winthrop University Foundation
The Winthrop University Foundation was established in 1973 as a 501(c)(3) supporting organization to solicit, manage, and steward private gifts for Winthrop...
Winthrop University Foundation
The Winthrop University Foundation was established in 1973 as a 501(c)(3) supporting organization to solicit, manage, and steward private gifts for Winthrop University. President Dr. Edward Serna sits ex officio on the board, while Dr. Andy Wilson serves as board president and Courtney Jurado directs day-to-day operations. The foundation functions as the university's primary philanthropic arm, channeling alumni donations and community contributions into scholarships, academic programs, and capital projects. Jurado's team deploys capital across an unusually physical mix for an endowment of its size: distressed debt, mezzanine lending, natural resources, and venture-stage investments. The foundation's holdings lean heavily into local real estate — The Courtyard at Winthrop student housing, the J. Robert Bazemore Design Center, multiple land parcels on Oakland Avenue and College Avenue, and a former Coca-Cola bottling plant at the intersection of Cherry Road and College Avenue. Liquid assets flow through a consolidated investment pool. The foundation also stewards non-financial assets including the Winthrop University Galleries Collection and the Vernon Grant memorabilia at the Louise Pettus Archives. The foundation operates with volunteer leadership drawn from the Rock Hill community. Board member Creighton Hayes belongs to the Rock Hill Rotary Club and serves on the York County Forever Commission, while board member Alice Davis is tied to Williams & Fudge, a family-run firm active in local philanthropy. The foundation maintains a co-investment and grantmaking partnership with Foundation For The Carolinas, embedding it within the region's institutional philanthropic fabric. No dedicated investment staff roster is publicly disclosed; investment decisions likely flow through the board's investment committee or outsourced advisors, a common structure for endowments below $100 million. The foundation's structural differentiator is its hybrid real-asset operational posture. Alongside the charitable gift fund sits the Winthrop University Real Estate Foundation, a separate entity that holds title to income-producing and development properties adjacent to campus. This two-entity architecture allows the foundation to act as both traditional endowment and opportunistic local developer — acquiring distressed industrial parcels like the Coke plant and repositioning them for university use, a mandate more associated with an urban land bank than a university foundation.
General information
Firm type
Foundation
Year founded
1973
Location
Region
North America
Country
United States
City
Rock Hill
Corporate office
Rock Hill, SC, United States
Principals
Dr. Andy Wilson
President of the Foundation Board
Courtney Jurado
Executive Director
Dr. Edward Serna
University President, Ex Officio Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at the Winthrop University Foundation?
The foundation does not publicly name a chief investment officer or dedicated investment staff. Governance rests with a volunteer board led by President Dr. Andy Wilson, with day-to-day administration by Executive Director Courtney Jurado. Investment decisions likely sit with the board's investment committee, a standard arrangement for endowments in the $85 million range.
How is the Winthrop University Foundation's portfolio structured compared to a typical endowment?
The foundation holds an unusually large direct real estate component for its size — income-producing student housing, development land, and a former industrial property — alongside a consolidated investment pool that includes distressed debt, mezzanine, natural resources, and venture allocations. Most university foundations of similar scale outsource to an OCIO and hold few direct property assets.
What is the Winthrop University Real Estate Foundation and how does it relate to the main foundation?
The Winthrop University Real Estate Foundation (WUREF) is a separate legal entity that holds title to real property for the benefit of Winthrop University. Assets like The Courtyard at Winthrop and the Coke bottling plant parcel sit under WUREF rather than the main foundation, creating a two-entity architecture that separates philanthropic gift funds from income-producing and development real estate.
Does the Winthrop University Foundation commit to external funds or invest directly?
The foundation maintains a consolidated investment pool that likely includes fund commitments across distressed debt, mezzanine, natural resources, and venture capital, though specific manager names are not publicly disclosed. Its real estate holdings are direct — purchased parcels in and around Rock Hill — suggesting a hybrid approach with direct property alongside pooled vehicles.
How is the foundation connected to the broader Rock Hill community?
Board members hold overlapping civic roles: Creighton Hayes serves on the York County Forever Commission and the Rock Hill Rotary Club; Alice Davis is affiliated with Williams & Fudge, a local family-run firm. The foundation also partners with Foundation For The Carolinas, the region's largest community foundation, for charitable gift management and grantmaking.
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