The Longwood University Foundation, Inc. focuses on honoring donor intent and creating benefit for the University through prudent investment of its endowment that supports stable and steady stewardship of gifts.
The Foundation provides for the betterment of Longwood University and her students through the execution of sound investment portfolio management and administration of the endowment, operational and program funds along with administration of the endowment’s scholarship awards. We also successfully coordinate our fundraising, reporting and donor relationship management with the University’s talented Department of Institutional Advancement.
The Foundation strives to meet our long-term investment goals through the use of professional investment managers and self-directed funds. These goals include not only achieving investment return benchmarks to allow for continued growth in our scholarship payout, but also prioritizing the preservation of endowment principal and tight management of underlying investment risks. The Foundation endeavors to meet established investment benchmarks for 10-year average returns and limit the effects of any short-term market volatility.
Awarding scholarships is a key component of the Foundation’s purpose. By maximizing donor support through strategic investments and timely distribution of resources, the Foundation awarded $2.3 million in scholarships for the 2021-2022 academic year.
The Foundation also provides support for many University academic, institutional and athletic programs. The Foundation provided approximately $730,000 for the 2021-2022 academic year.