Endowment and Gift Administration and Compliance serves as the centralized resource for the administration and compliance of endowment and gift funds. Endowments and gifts provide Columbia with sources of funding to support professorships, financial aid, research, capital projects, schools, departments, institutes, centers, and more. These funds are given to Columbia by our donors and must be spent in accordance with their terms and restrictions.
The Office of Alumni and Development oversees the solicitation, acceptance, and stewardship of gifts, pledges, and bequests. These gifts, pledges, and bequests may establish endowment funds.
Sponsored Projects Administration (SPA) serves as a central resource to support the research community at Columbia University by providing guidance and stewardship for the researchers and administrators on all campuses.
The Columbia Investment Management Company (IMC) is a wholly-owned subsidiary of Columbia University. The IMC is charged with managing the bulk of the University's endowments, also known as managed assets.
The Advisory Committee on Socially Responsible Investing (ACSRI) was established to advise the University Trustees on ethical and social issues that may affect investments of the University's endowment.