Our vision is to be recognized as the premier institutional investor in the world.
Through outstanding stewardship, we seek to advance the University in its quest for excellence as the premier Catholic University in the world. By earning superior returns on the University's endowment pool, we support Notre Dame's teaching, research and service mission by providing students and faculty the resources they need to achieve distinction in their chosen fields.
The endowment was established in the early 1920s by University president Father James Burns. Father Burns succeeded in raising $1 million in the University's first large fund-raising drive, and also developed a plan for governance and administration of permanent funds of the University. Thus, he rightly may be called "the Father of the Notre Dame Endowment."1921
The Hesburgh era saw enrollment, faculty, and degrees awarded all double; library volumes increase five-fold; buildings expand from 48 to 88; faculty compensation increase ten-fold and research funding more than twenty-fold; and, as the lifeblood of financial growth, endowment rise from less than $10 million to more than $400 million.1952-1987
Robert K. Wilmouth served as Chair of the Investment Committee of the Board of Trustees from 1978-1994. In this capacity, Bob revolutionized the University's endowment management, hiring a professional staff and developing a modern and sophisticated asset allocation structure.1978
At the inception of the decade allocation of the $150 million Endowment, primarily large-cap U.S. stocks and short-term bonds, began a period of significant change as the University made it's first private capital investments in real estate and venture capital.1980s
Scott Malpass became chief investment officer of Notre Dame in 1989, when the University’s endowment stood at $425 million. Scott works closely with the investment committee of the University’s Board of Trustees in partnering with the most sophisticated investment management organizations throughout the world. The Notre Dame Endowment has achieved top tier investment performance over both short and long-term time periods.1989
Allocation of the Endowment was further diversified by the introduction of hedge funds and emerging market investments.1990s
The founder and principal of a successful private equity firm based in Chicago with investments globally, Jay Jordan became Chair of the Investment Committee of the Board in 1995. Applying sound judgment and business acumen to the work of the Committee, under his leadership the Notre Dame endowment has become known as a leading investment partner worldwide.1995
The Notre Dame Investment Pool exceeds $5 billion.2006
Undergraduate annual financial aid exceeds $100 million as Notre Dame continues to meet the full financial need of its students.2012
The Notre Dame Endowment moves up to 12th in the annual NACUBO (National Association of College and University Business Officers) rankings, some 11 spots higher than its 1988 ranking.2013
Scott Malpass provides an Investment Review in Notre Dame's most recent annual report.2016