Augustana College (South Dakota)

Augustana College manages an endowment fund based in Rock Island, Illinois. The fund provides annual funding in the form of income from investments, gifts, and donations from alumnae which supports the strategic initiatives of the college. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research as well as academic and public service progra The assets are managed by the board of trustees.Augustana College Endowment's investment portfolio is valued at $178.5 million, with investments in private equity.