University of Wisconsin-Madison manages an endowment fund which is based in Madison, Wisconsin. The earnings from endowment investments support scholarships, operating budget, financial aid, staff support, fellowships, basic research as well as academic. The assets are governed and managed by the Board of Directors.University of Wisconsin-Madison Endowment's investment portfolio is valued at over $2.83 billion, with investments in domestic and international equity, fixed income, private equity, real estate, and cash. The endowment's return for 1 year, 3 year, 5 year and 10 year is -3.7%, 6.2%, 4.6%, 7.3%.