The Brown Investment Office provides investment management for Brown University’s $3.8 billion endowment and other managed assets. The endowment exists today because of the generous and consistent support of benefactors dating back to an original gift of $4,500 in 1769.
Endowment Value Since Investment Office Inception
The purpose of the endowment is to provide financial stability and support to the educational mission of the University and the diverse undertakings of its faculty and students. Because the University is managed as a permanent institution, this mandate extends to future generations of participants in Brown’s mission. With oversight from the Investment Committee of the Corporation of Brown University, the Investment Office manages the endowment with a focus on preserving and prudently growing the endowment’s value over the long term.
We’re committed to making a Brown education accessible to students from all income groups, so we can continue to accept the very best and brightest students from around the world.
- President Christina Paxson
The endowment contributed $163 million to the University during fiscal year 2018, which represents approximately $17,000 per student and 15% of the University operating budget before scholarships. The endowment is an essential component of the University's commitment to ensuring that no student who aspires to attend Brown will encounter cost as a barrier.
Endowment Contributions by Purpose