Foundation for Indiana University of Pennsylvania (FIUP) manages an endowment fund based in Indiana, Pennsylvania. Established in 1967, The independent, nonprofit foundation acts as the repository for private financial support and has fiduciary and legal responsibilities for the management, investment, and disbursement of the funds and for the conduct of all the organization's affairs. The purpose of the foundation is to promote educational purposes in connection with the university by encouraging, sponsoring, and aiding institutional goals