Biola University manages an endowment fund based in La Mirada, California. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The endowment is managed by the board of trustees.Biola University Endowment's investment portfolio is valued at $151.02 million, with investments in domestic and international equity, fixed income, private equity, hedge funds, real estate, and cash.