Erskine College manages an endowment fund based in Due West, South Carolina. Erskine was founded by the Associate Reformed Presbyterian (ARP) Church in 1839. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The assets of the endowment fund are managed by the board of trustees.Erskine College Endowment's investment portfolio is valued at $38.6 million, with investments in domestic and international equity, fixed income, private equity, real estate, cash and alternatives.