The Norton Simon Foundation is an independent non-profit foundation based in Pasadena, California. Established in 1952 the foundation has played a prominent role in the cultural life of Southern California. The foundation focuses on the care, preservation and public exhibition of its art collection, and it provides financial support to the museum. The assets are managed by the Board of Trustees.The Norton Simon Foundation's investment portfolio is valued at over $124.48 million, with investments in domestic and international equities, private equity, fixed income, and cash.