Fairfield University

Fairfield University manages an endowment fund based in Fairfield, Connecticut. The university's endowment is an aggregation of gifts provided by donors with the requirement they be held in perpetuity to generate earnings now and in future years to support the university's programs of instruction, research and public service and funds designated by the board of trustees to function as an endowment. Earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The assets are managed by the Board of Trustees.Fairfield University Endowment's investment portfolio is valued at $382.45 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash. The primary objective of the endowment is to attain an average annual return in excess of the spending rate over rolling five-year periods.