Office of the Treasurer

Endowment Funds

• Summary -- University of Missouri Investment Pools
• Summary -- Balanced Pool (main endowment pool)
• Current Asset Allocation and Investment Performance (PDF 120 KB)
• Investment Performance  
  • Historical Asset Allocation and Investment Performance (Dec. 2008 through Current)
  • Historical Returns (Dec. 2002 through Sep. 2008)
  • Historical Asset Allocation (Dec. 2002 through Sep. 2008)
  • Most Recent Annual Returns Last 10 Years (PDF 16 KB)
  • Archived Annual Returns Last 10 Years
  • Current Balanced Pool Snapshot (PDF 70 KB)
• Investment Benchmarks
• Investment Philosophy
• Spending Policy
• Manager Selection Process
• Managers' Styles
• Links to Campus Development Offices
• Endowment Investment Policy

The Endowment Fund includes all gifts, bequests, and other funds directed to be used to support a University program in perpetuity. Some donors require such a commitment as a condition of their gift. These donations are referred to as "true endowments." Other funds may be assigned to function as endowments by the Board of Curators or by University administration. These are referred to as "quasi endowments."

Examples of activities supported by true and quasi endowments include:

• chairs, professorships, and lectureships
• scholarships
• research support
• unrestricted use

The Board of Curators of the University of Missouri has the fiduciary responsibility for the prudent investment of endowments. The University is guided by four basic principles in managing its endowment:

• Provide sufficient current and future funding to meet the donor's purposes.
• Focus on the long-term performance.
• Seek out investment opportunities that offer superior returns.
• Diversify investments to reduce risk.

An investment policy created by the Board of Curators provides direction for the investment and management of the endowment assets.