The University of Evansville manages an endowment fund based in Evansville, Indiana. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The endowment is managed by the board of trustees.University of Evansville Endowment's investment portfolio is valued at over $71.57 million, with investments in domestic and international equity, fixed income, private equity, real estate, cash, and other alternatives.