aadc_board_pageAADC Mission

The AADC is an independent, self-supporting 501(c)(3) organization. The AADC develops and promotes connections among Douglass alumnae by providing programs, services, networks and lifelong learning opportunities that represent the interests and needs of our diverse alumnae. The AADC provides prudent stewardship of the Douglass Fund and other endowed funds held by the AADC for the benefit of Douglass; distributions from these funds contribute financial support to Douglass and her students.

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.