Mercer University manages an endowment based in Macon, Georgia. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service programs. The university prepares undergraduate liberal arts students for advanced study or for careers in a variety of fields or educating future teachers and school administrators, ministers, performing artists, attorneys, entrepreneurs, engineers, physicians, and other healthcare practitioners through its professional schools and colleges. The assets of the endowment are managed by the board of trustees.