St. Mary's College of Maryland Foundation

St. Mary's College of Maryland 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 programs. The assets of the endowment are managed by the board of directors.