Lewis & Clark College Investment Policy Statement
This Investment Policy Statement outlines the guidance for the investment policy, strategy, and management of Lewis & Clark College's Endowment Fund. It aims to support current and future college operations, preserve and enhance the real purchasing power of the Fund, and achieve an average annual real total return of at least 5% over rolling ten-year periods, net of fees, while outperforming specified benchmarks. The policy details fund composition, asset allocation across Growth, Diversifiers, Inflation Sensitive, and Deflation Sensitive assets, and includes comprehensive Environmental, Social & Governance (ESG) and Diversity Guidelines, such as Net Zero targets for portfolio emissions by 2030 and 2040, and commitments to human rights and the engagement of diverse investment managers.