Endowed Fund Management

Endowed fund management policies are set by the Board of Trustees of The College of Saint Rose. For investment purposes, the individual endowment gifts are pooled into one fund to allow for greater diversity in investing and achieve the maximum return on donors’ gifts.

Endowed funds are invested in perpetuity, meaning that the gift amount (principal or corpus) can never be spent, but a portion of the realized gains each year is spent for the purpose designated by the donor of the fund. The remaining income is added back into the corpus to preserve the purchasing power and income potential of the funds. Realized gains are generally achieved within a year after the minimum funding for a named endowment is in place.

The College of Saint Rose provides donors with an annual Stewardship Report by December 31 of each year, detailing the annual realized gains of the Fund, the expenditures from those gains, additions to principal, and the total amount of the principal of the fund, for the fiscal year ending on June 30.