Boston College (BC) manages an endowment fund which is based in Boston, Massachusetts. The fund provides support to college programs and activities including financial aid, faculty chairs and research funds and student formation progra Endowment funds are critical to the long term success of the academic and other strategic initiatives of the university. The assets of the fund are managed by the executive management team.Boston College Endowment's investment portfolio is valued at $2.47 billion, with investments in domestic and foreign equities, fixed income, private equity, and cash.