Millikin University manages an endowment fund which is based in Decatur, Illinois. The fund provides a stable, predictable and growing stream of resources for current use in achieving the academic goals of the university, while preserving the purchasing power of the fund for future generations. The endowment is managed by the board of trustees.Millikin University Endowment's investment portfolio is valued at over $77.81 million, with investments in private equity.