California State University, Northridge Foundation (CSUN Foundation) manages an endowment fund which is based in Northridge, California. The foundation is a nonprofit, 501(c)(3) California corporation, which serves as an auxiliary organization to CSUN. The foundation's primary function is to help the University raise private, philanthropic contributions and grants from alumni, friends, corporations and foundations in support of the University's mission. In addition, the foundation is responsible for accepting, managing and investing all private funds and endowments for the university. 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 executive management team.California State University, Northridge Foundation's investment portfolio is valued at over $158.43 million, with investments in private equity, real estate, fixed income, and domestic and international equity.