Washington University’s $12.5 billion endowment currently sits as the 11th-largest in the nation, according to U.S. News & World Report. The endowment and Managed Endowment Pool (MEP) — which includes most of WashU’s endowed funds and other long-term operating assets — is managed by the Washington University Investment Management Company (WUIMC), led by Chief Investment Officer Scott L. Wilson. 

The unprecedented increase in the University’s endowment has led to questions about where the money should be spent.

Washington University’s endowment pool grew a record 65%, adding $5.7 billion

Last week, Student Union announced that it would be creating a student-faculty advisory committee that would give recommendations to the Washington University Investment Management Co. (WUIMC) about how to invest the endowment. This move was well-received by students.

Kimberly Walker, Washington University’s chief investment officer, sought on Wednesday night to allay students’ concerns over how the school invests the endowment, but Student Union senators left the meeting with much of the same skepticism.