Miami University Foundation manages an endowment fund that is based in Oxford, Ohio. Established in 1948, the foundation is a separate and independent entity chartered by the State of Ohio and is the official fundraising and gift-receiving entity for Miami University. Its mission is to support the University's educational and research activities. The assets are managed by the Board of Directors.Miami University Foundation's investment portfolio is valued at over $560.96 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, timber, oil & gas, and cash.