University of North Florida Foundation (UNF Foundation) manages an endowment fund based in Jacksonville, Florida. The fund provides financial support and counsel to the University. It is also used to provide scholarships, professorships, programs and community outreach initiatives. The assets of the foundation are managed and administered by the executive committee members.The University of North Florida Foundation's investment portfolio is valued at over $130.35 million, with investments in domestic and international equity, fixed income, private equity, hedge funds, and cash.