Milton Academy manages an endowment fund which is based in Milton, Massachusetts. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The endowment consists of approximately 385 individual funds established for a variety of purposes. The endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. The assets of the endowment are managed and administered under the leadership of the board of trustees.Milton Academy Endowment's investment portfolio is valued at over $323.73 million, with investments in domestic and international equity, private equity and real estate.