Morningside College manages an endowment which is based in Sioux City, Iowa. The fund provides the college with investment income significant to continuing the financial stability of the college. The college's endowment helps Morningside to attract and retain the best faculty members, improve academic and extracurricular programs and increase student aid offerings. The assets of the endowment fund are managed and governed by the board of directors.Morningside College Endowment's investment portfolio is valued at over US$46 million, with investments in private equity