Taxing the Endowment


Gwen O'Brien | September 16, 2019

The view of the Notre Dame campus from the development and investment offices at Eddy Street Commons reflects the work of those inside.

Both are spectacular. 

Scott Malpass, vice president and chief investment officer, has that view from his office window. The picture changes with each passing season. New buildings go up. Green spaces and sculptures appear. New students and faculty arrive to campus, sometimes from faraway places. What does it feel like to see the impact of your work literally appear before your eyes?

“It’s incredibly fulfilling and gratifying when you can see what you do actually impact something over decades,” he said. 

Especially so when the “something” is your alma mater.

Malpass is a double Domer, graduating in 1984 and then receiving a master of business administration degree from Notre Dame in 1986. He returned to the University in 1988 from a Wall Street firm and became chief investment officer of Notre Dame the following year.

Back then the University’s endowment stood at $425 million. Now it’s $13.3 billion. 

Translation: Notre Dame’s endowment has grown 30 times the size it was 30 years ago. Let that sink in a minute. 

Read more here. 

 by Daily Domer Staff

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