Southern Illinois University Foundation (SIU Foundation) is an independent non-profit foundation located in Carbondale, Illinois. Established in 1942, the foundation distributes funds and property for educational and charitable purposes. SIU Foundation's mission is to maximize private support for Southern Illinois University Carbondale. The assets of the foundation are managed by the board of directors.Southern Illinois University Foundation's investment portfolio is valued at over $191.76 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash.