New England Conservatory of Music (NEC) manages an endowment fund which is located in Boston, Massachusetts. The earnings from endowment investments support scholarships, fellowships as well as academic and public service progra The President of NEC works with a team of senior managers to carry out NEC's mission and day-to-day operations, with the oversight and assistance of governing and advisory boards. The endowment fund is managed by the university's endowment office.New England Conservatory of Music Endowment's investment portfolio is valued at $129.03 million with investments in domestic and international equity, fixed income, private equity, hedge funds, and cash.