The College of William & Mary Foundation manages an endowment fund based William & Mary Investment Trust (WAMIT) in Williamsburg, Virginia. WAMIT was created so that most of the endowed assets held by the college's related foundations could be administered under one structure. The assets of the endowment are managed by members of the William & Mary Foundation's Investments Committee and a professional investment administration staff.William & Mary Investment Trust's investment portfolio is valued at $715.4 million as of June 30th, 2019, with investments in domestic, foreign and emerging market equities, fixed income, special situations, absolute return, real assets, private equity, cash, and distributed securities.