Monmouth University manages an endowment fund which is based in West Long Branch, New Jersey. Its funds are used generally to maintain buildings, establish and sustain academic, extracurricular programs, purchase books and beautify the campus. Specific purposes endowments are made to provide scholarships and endow a chair. The assets of the endowment are managed by the board of trustees.Monmouth University Endowment's investment portfolio is valued at over $109.1 million, with investments in domestic and international equity, fixed income, private equity, real estate, and hedge funds.