Idaho State University Foundation manages an endowment fund based in Pocatello, Idaho. Its mission is to inspire voluntary private support from alumni, parents, friends, corporations, foundations, and others for the benefit of Idaho State University. It raises and manages private resources supporting the mission and priorities of the University, and provides opportunities for students and a degree of institutional excellence unavailable with state funding levels. The assets of the endowment are managed by the board of directors.Idaho State University Foundation's investment portfolio is valued at $58.99 million with investments in cash, equities, fixed income, real assets, and real estate.