Hofstra University manages an endowment fund that is based in Hempstead, New York. The earnings from the endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The assets of the endowment are managed and governed by the board of trustees.Hofstra University Endowment's investment portfolio is valued at $573.57 million, with investments in private equity, hedge funds, cash, fixed income, equities, and real estate.