Minnesota State University, Mankato Foundation (MSU Foundation) manages the endowment fund of Minnesota State University, based in Mankato, Minnesota. Established in 1958, the foundation is a nonprofit organization dedicated to securing private gifts and grants that benefit Minnesota State Mankato. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The foundation is managed by the board of trustees along with the investment committee.Minnesota State University, Mankato Foundation's investment portfolio is valued at over $51.66 million, with investments in domestic and international equity, fixed income, private equity, real estate, and cash.