University of Nevada, Reno Foundation manages an endowment based in Reno, Nevada. Established in 1981, the foundation provides a mechanism for private individuals, corporations and foundations to make charitable gifts to the University. The foundation receives, invests and administers funds to benefit the University while honoring the philanthropic intent of its generous donors. The endowment is managed by the board of trustees.The University of Nevada, Reno Foundation's investment portfolio is valued at $334.96 million, with investments in domestic and international equity, fixed income, private equity, and real estate.