(USTA) United States Tennis Association

United States Tennis Association (USTA) is an independent non-profit private foundation based in White Plains, New York. Established in 1881, the foundation is the national governing body for tennis in the United States. It invests 100% of the proceeds to promote and develop the growth of tennis, from the grass-roots to the professional levels. The assets of the foundation are managed by the executive management team.United States Tennis Association's investment portfolio is valued at $326.23 million, with investments in private equity, real estate, hedge funds, natural resources, publicly-traded equity, fixed income, and cash.