TIAA Endowment & Philanthropic Services


Dedicated to the financial sustainability of institutions that make a difference in the world

Who we are
A dedicated and nimble business with a broad range of investing and philanthropic knowledge.
What we believe
We support your nonprofit mission and build investment capabilities focused on long-term growth of capital and diligent risk management.
How we work
Leveraging our deep expertise in nonprofits, we focus on your values and needs to provide you with financial options.
What we offer

What support does your institution need?

Rely on our comprehensive capabilities, including sophisticated endowment management, planned gift management and, through TIAA Charitable, donor-advised funds.* Because every nonprofit is different, we provide a wide variety of services to address your needs.

* TIAA Charitable is an independent public charity that offers a donor-advised fund program.
Investment policy

Find investment policy guidance

Outsourced Chief Investment Officer (OCIO)

Outsource your endowment management

TIAA Institute

Informing decisions: from insights to outcomes

Planned gift management

Enhance your planned giving program

Research and thought leadership

Discover current trends affecting endowments

Donor Advised Fund

Elevate your fundraising with a powerful, turnkey program

Strong partnerships

Meet our team

You can tap into the collective strength of our talent and experience to help meet the needs of your institution.

Discover our thought leadership and research

We deliver original research, market insights and focused industry news so you can gain a deeper understanding of industry changes and best practices.

Asset Allocation with Short-Term and Long-Term Risk Objectives

Take an in-depth look at how risk influences asset allocation decisions and affects spending policy choices.

Get in touch

We look forward to continuing the conversation — and discussing how our services can help advance your organization’s mission today and for generations to come.
TIAA Endowment & Philanthropic Services (“TEPS”) is the business unit through which TIAA offers endowment management and planned giving services.  TEPS operate through subsidiaries of TIAA including Covariance Capital Management, Inc., Kaspick & Company, LLC and TIAA, FSB.  Covariance Capital Management, Inc. and Kaspick & Company, LLC are investment advisers registered with the Securities and Exchange Commission.  TIAA, FSB is a federal savings bank. Registration does not imply a certain level of skill or training.