University of Iowa manages an endowment fund which is based in Iowa City, Iowa. The endowment fund helps support programs such as student scholarship, student programs, faculty programs and other financial aid. The endowment fund is administered by an executive management team. The board has employed an investment advisor and fund managers to guide its active investments of endowment funds. The assets of the endowment are managed by the executive team.The University of Iowa Center for Advancement's investment portfolio is valued at $1.39 billion, with investments in domestic and international equities, fixed income, alternatives, and cash.