San Francisco State University Foundation manages the endowment fund based in San Francisco, California. The foundation encourages the solicitation and acceptance of private gifts, trusts, and bequests that will help the foundation in the furtherance of its mission to foster private financial support for San Francisco State University. The SF State Foundation is governed by a board of directors who work closely with the University to reach out to alumni, friends, and businesses in the community to build commitment and funding for San Francisco State University. The foundation directly manages the University's endowment by determining acceptable risks in the portfolio, maximizing investment return, minimizing investment expenses, and improving endowment reporting and stewardship.San Francisco State University Foundation's investment portfolio is valued at over $137.03 million, with investments in domestic and international equity, fixed income, hedge funds, private equity, and cash.