College of Wooster manages an endowment fund which is based in Wooster, Ohio. The purpose of the endowment is to meet the current financial needs of the college and to support current operations with the long-term goal of developing and maintaining a strategic advantage compared to institutions with which the college competes for students and faculty. The assets of the endowment are governed by the board of trustees.College of Wooster Endowment's investment portfolio is valued at $328.92 million, with investments in equities, fixed income, hedge funds, real assets & natural resources, real estate, private equity, and cash.