Hobart and William Smith College manage an endowment based in Geneva, New York. The endowment funds generate income that supports all aspects of the campus and HWS programs and ensures the ongoing excellence of the colleges in all areas. The endowment is managed by the board of trustees, assisted by the investment committee.Hobart and William Smith Colleges Endowment's investment portfolio is valued at over $209.69 million, with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash.