The AADC provides prudent stewardship of the Douglass Fund Trust 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. This responsibility is a key component of our Mission.
Under the provisions of the Trust, the Trustees of the Douglass Fund are responsible for investing and managing the assets of the Trust. They are supported by an all-alumnae group of volunteers who are financial and investment professionals. They set the overall investment policy for the Fund assets, including asset allocation guidelines. This group also monitors and assesses the performance of the outside investment company that serves as day-to-day investment manager.
Over the past 50 years, the Douglass Fund Trust has grown significantly, thanks to previous donations from living alumnae and friends; from bequests, memorial and honorary gifts from alumnae, families and friends; and from charitable gift annuities, insurance, trusts, IRAs and other deferred gifts. It has also grown through prudent investment practices, professional fund management and knowledgeable oversight described above.