University of Nevada Las Vegas Foundation

University of Nevada, Las Vegas Foundation manages an endowment fund based in Las Vegas, Nevada. Established in 1981, UNLV Foundation records two types of endowments, Permanent or True endowments are funded by gifts and bequests and Quasi-endowments are funds designated as endowments by the UNLV Foundation Board of Trustees. Its primary objective is to generate a stream of earnings for funding current programs and student services with the stated payout policy. The secondary objective of the fund is to have its assets grow in value to provide for the future needs of UNLV. The assets of the endowment fund are managed by the board of trustees.The University of Nevada, Las Vegas Foundation's investment portfolio is valued at $347.151 million, with investments in private equity, equities, and cash.