Detroit Institute of Arts manages an endowment fund which is based in Detroit, Michigan. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The institute consists of an encyclopedic collection that spans the globe from ancient Egyptian and European works to contemporary art. The assets of the endowment fund are managed by the board of directors.Detroit Institute of Arts' investment portfolio is valued at $280.62 million, with investments in domestic and international equity, fixed income, private equity, hedge funds, and cash.