McCallie School manages an endowment fund which is based in Chattanooga, Tennessee. The endowment fund provides annual funding in the form of income from investments, gifts, and donations from the alumnae which support the strategic initiatives of the school. The assets of the endowment are managed and governed by the board of directors.McCallie School Endowment's investment portfolio is valued at over $100 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash.