The Rose Hills Foundation is an independent non-profit foundation based in Pasadena, California. Established in 1996, the foundation is a legacy of the founders and directors of Rose Hills Memorial Park, which is one of the largest cemeteries in North America. The foundation supports qualified tax-exempt charitable organizations which promote the welfare of humankind, for the benefit of people in Southern California with emphasis on the San Gabriel Valley. The assets of the foundation are managed and governed by the board of directors.Rose Hills Foundation's investment portfolio is valued at $450.66 million, with investments in domestic and international equity, fixed income, private equity, hedge funds, and cash.