Willamette University manages an endowment fund which is based in Salem, Oregon. The university's endowment consists of funds established for a variety of purposes. The endowment includes both donor-restricted endowment funds and funds designated by the governing board to function as endowments. The endowment is managed by the board of trustees.Willamette University Endowment's investment portfolio is valued at $306.32 million, with investments in fixed-income funds, private equity and cash.