Auburn University Fuundation manages endowment funds based in Auburn, Alabama. Established in 1960, the foundation is a nongovernmental nonprofit organization, separate and distinct from Auburn University. The foundation was established to develop, support, and enhance the educational interests and programs of Auburn University. The foundation's efforts include seeking philanthropic support to enhance quality faculty and instruction, advance academic and student programs, and increase scholarships and fellowships. Auburn University investments are managed by the foundation investment committee and university staff in accordance with the policies established by the board of trustees.Auburn University FoundationAos endowment is having an investment portfolio that is valued at $533.62 million with investments in private equity, real estate, hedge funds, real assets, natural resources, fixed income securities, and cash.