A Foundation for the Future
Endowment Report 2026
The Queen's Endowment is a permanent investment fund that transforms donor generosity into lasting support.
Together, we are empowering Queen's students to understand our changing world and lead us into the future. Thank you for creating impact that will endure for generations.
$2.10B
Invested for future generations. Up 21.2% from last year.
$52.6M
Donated to the Endowment. Up 21.3% from last year.
1,894
Donors supporting the endowment. Up 8.5% from last year.
Built for the long term
As of April 30, 2026, the endowment's diversified portfolio is designed to support long-term growth while managing risk responsibly.
Select a slice or category to expand its underlying allocation.
Asset Mix
-
Equities 67.5%
Global Equity 63.0%
Private Equity 4.5% -
Fixed Income 15.5%
Canadian Fixed Income 15.5
-
Real Assets 13.2%
Infrastructure 8.3%
Real Estate 4.9% -
Cash + Short-term Investments 3.8%
| Segment | Value |
|---|---|
| Equities | 67.5% |
| Fixed Income | 15.5% |
| Real Assets | 13.2% |
| Cash + Short-term Investments | 3.8% |
Progress toward our carbon target
Between December 31, 2021 and December 31, 2025, the endowment's carbon footprint fell from 89.3 to 41.0 tonnes CO₂e per million dollars invested, a 54% reduction. Read more about responsible investing.
| Point | Value |
|---|---|
| 2021 | +14% |
| 2025 | -19% |
| 2030 target | -25% |
Growth of a $1,000 investment
A long-term investment approach helps the endowment navigate market volatility while providing dependable support for students, research, and priority initiatives.
| Index | Endowment | Inflation |
|---|---|---|
| 1 | $1000 | $1000 |
| 2 | $1165 | $1128 |
| 3 | $1055 | $1228 |
| 4 | $1415 | $1335 |
| 5 | $1536 | $1436 |
| 6 | $2019 | $1729 |
| 7 | $2371 | $1778 |
Thank you for your enduring generosity and commitment to Queen's. Through your support of endowed funds, your impact extends far beyond today, providing lasting resources that empower students and advance discovery.
Governance and oversight
The members of the Invest Committee effective July 1, 2026
- Chair
- T. Mattina
- Vice-Chair
- S. Murray
- Secretary
- B. O’Neill
- Ex Officio
- D. Court
- D. Janiec
- S. Rogers
- Appointed
- N. Arruda
- M. Brophy
- C. Budd
- S. Cheung
- C. Matthews
- T. Mattina
- S. Murray
- D. Walker