Boise State University Foundation, Boise, Idaho, hired Mellon Capital Management to run $30 million in indexed mutual funds: a Russell 3000 fund, EAFE fund and Lehman Aggregate bond fund. No breakout was given on how much would go into each.
The $40 million endowment also hired Key Trust to run $10 million in an S&P 500 index fund, said a foundation spokeswoman. Funding comes from two active managers she did not name; the 2001 Money Market Directory lists the foundation’s active managers as Burroughs & Hutchinson and Mountain Pacific Investment Advisors.
