The mission of the AADC is to provide ongoing financial, programming, and communications support to Douglass College, her students and her alumnae. We encourage and promote the educational experience and leadership opportunities at Douglass College that are uniquely inherent in a women’s college.
In addition to the service provided under the mission of the AADC, the AADC has full fiduciary responsibility for the management of the Douglass Fund, the endowment created in 1969 by the AADC exclusively for the benefit of Douglass and her students. The Trustees of the Douglass Fund are the President of the AADC, the Executive Director of the AADC, and a member of the Board of the AADC.
A Stewardship Fee is a fee charged on all endowed funds administered or stewarded by the Associate Alumnae of Douglass College (AADC). The fee, which is authorized by the Douglass Fund trust agreement and consistent with industry standards, enables the AADC to provide administrative support and stewardship services, in furtherance of its mission. The current annual fee, which is approved by the AADC Board of Directors, is 1.25% annually. The fee is prorated each quarter, and is based upon the market values of the endowments at the end of such quarter.