Museum of Modern Art (MoMA) manages an endowment fund which is based in New York, New York. The endowment fund provides annual funding to support the strategic initiatives of the museum. The assets of the fund are managed by the board of trustees.Museum of Modern Art Endowment's investment portfolio is valued at over $660.75 million, with investments in real estate, real assets, domestic and international equity, fixed income, hedge funds, private equity and cash.