Mount Mercy University manages an endowment fund based in Cedar Rapids, Iowa. The university has various endowed funds designated by donors for scholarships and other strategic purposes. The majority of the endowed funds are scholarships, which are awarded every year to students who meet the qualifications provided by the donor. It also provides funding for specific curriculum, on-campus programs like Enactus, annual lectures, new technology, and different facilities. The assets are managed and governed by the executive management team.Mount Mercy University Endowment's investment portfolio is valued at over $29.6 million, with investments in domestic and international equity, fixed income, real estate, hedge funds, private equity, and cash.