Pratt Institute manages an endowment fund which is based in Brooklyn, New York. The endowment fund provides a stable, predictable and growing stream of resources for current use in achieving the academic goals of the university while preserving the purchasing power of the fund for future generations. The endowment is governed by the institute's board of trustees who are responsible for setting the endowment's investment policy.Pratt Institute Endowment's investment portfolio is valued at $193.63 million, with investments in private equity.