Ohio University Foundation manages an endowment fund based in Athens, Ohio. Established in 1945, the foundation serves as the fundraising arm of Ohio University. It is an institutionally-related, non-profit, tax-exempt organization and is the repository for all private gifts to Ohio University. The endowment includes both donor-restricted endowment funds and funds designated by the board of trustees as quasi-endowments. The endowment is managed by the board of trustees.Ohio University Foundation's investment portfolio is valued at over $473.76 million with investments in domestic and international equity, fixed income, private equity, real estate, hedge funds, and cash.