Endowment

Investment policy stresses fiduciary responsibility

$2.4 Billion in Total Portfolio Assets (as of June 30, 2013)
$2.4 Billion in Total Portfolio Assets (as of June 30, 2013)
Through prudent investment management and oversight, WARF’s endowment has successfully weathered a variety of economic challenges and changing market conditions over the past 85 years.

Conceived as a permanent fund to sustain the activities of WARF, support UW–Madison research and more recently, advance scientific programs at the Morgridge Institute for Research, the WARF investment portfolio continues to work much as its founders intended.

The investment portfolio comprises restricted and unrestricted funds. Approximately 80 percent of the assets are unrestricted. Donor-directed funds are managed according to the wishes of the donor while royalty funds are managed on behalf of the department from which the royalties were derived.