St. Mary's College of Maryland Foundation

St. Mary's College of Maryland Foundation (SMCM Foundation) manages an endowment fund based in St. Mary's City, Maryland. Established in 1971, the foundation is a private, non-profit 501(c)3 tax-exempt charitable organization that supports the college through sound fiscal management of a growing endowment portfolio. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The endowment is managed by the board of directors.St. Mary's College of Maryland Foundation's investment portfolio is valued at over $39.1 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash.