Established in 1914 with a gift of $111,540 from the General Education Board of The Methodist Church, SMU’s endowment now represents more than $1 billion in assets invested in a diversified portfolio designed to ensure current support as well as growth for the future.
Investment in the SMU endowment provides long-term funding to enhance student quality, faculty and academic excellence and the campus experience. Annual income from the endowment provides vital support for the University, which relies on tuition and annual gifts for almost 85 percent of its operating resources. SMU manages the endowment investment with the goal of preserving and increasing these essential resources, which are helping provide a financial foundation for the University’s second century of achievement.
It took 80 years for SMU’s endowment to reach $500 million. Reaching that milestone enabled the endowment to double in size to over $1 billion in only 10 years. An endowment gift not only invests for the future, but it works for SMU today.