Pooling

Endowment assets are pooled and maintained similarly to a mutual fund, in that each endowment maintains its separate identity; however, the assets are commingled with all endowments for purposes of investment and accounting efficiencies. 

Pooling the endowment assets provides the opportunity to develop a more diversified investment portfolio, which should ultimately maximize long-term investment performance. 

The WMU Foundation endowment pool investment structure comprises a diversified mix of investments, including global equity, real assets, global fixed income, and diversifying asset strategies. 

As of December 31, 2015, the endowment pool held more than 900 individual endowments.