New College of Florida Foundation manages an endowment fund based in Sarasota, Florida. The foundation raises private funds that are needed to sustain the institute's exceptional, innovative and affordable educational traditions. The endowment gifts are an investment in the future as they help provide scholarships to future students of the college. The assets of the foundation are managed by the board of directors.New College of Florida Foundation's investment portfolio is valued at over $46.84 million, with investments in domestic and international equity, fixed income, cash, and private equity.