Pacific Lutheran University (PLU Endowment) manages an endowment fund based in Tacoma, Washington. The university's endowment fund is a permanent fund from which income is spent at a rate established by the board of regents. The income from the endowment provides the university with greater financial stability and allows the university to implement long-range plans. The endowment is also meant to provide cash to fund scholarships, undergraduate research, equipment, lectures, athletic facilities, some faculty positions, global education, and other university progra The endowment funds are managed by the board of regents.Pacific Lutheran University Endowment's investment portfolio is valued at $83.87 million, with investments in private equity, real estate, hedge funds, and cash.