Moravian College manages an endowment fund based in Bethlehem, Pennsylvania. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The endowment fund is governed by the board of trustees.Moravian College Endowment's investment portfolio is valued at $115.31 million, with investments in domestic and international equity, fixed income, real estate, private equity, and cash.