Wake Forest University Endowment General Information
Wake Forest University manages an endowment fund which is based in Winston-Salem, North Carolina. The university's pooled endowment is established for a variety of purposes including both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. The university has adopted investment and spends policies for endowment assets which support the objectives of optimizing long-term returns and provides a sustainable level of endowment income distribution to support the university's activities through the annual operating budget while preserving the real purchasing power of the endowment. The university's primary investment objective is to maximize total return within reasonable and prudent levels or risk while maintaining sufficient liquidity to meet disbursement needs. The assets of the fund are managed by the board of trustees.