Kalamazoo College Endowment Fund Investment Policy Statement
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The purpose of this Investment Policy Statement is to establish a clear understanding of the philosophy and the investment objectives for the Kalamazoo College Endowment Fund (hereinafter, “Fund”). This document will further describe the standards that will be utilized by the Investment Committee in monitoring investment performance, as well as, serve as a guideline for any investment manager retained. The purpose of the Endowment Fund is to provide a return on endowment assets and liquidity sufficient to meet the budget requirement without invading the principal of the fund. These assets are to be invested in a manner consistent with the fiduciary character of the Fund.