Washington State University Foundation (WSU Foundation) manages an endowment fund based in Pullman, Washington. Established in 1979, the mission of the foundation is to promote, accept and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The foundation also manages, invests, and stewards the assets entrusted to it by WSU and its alumni, friends, and donors. The endowment is managed by the executive management team.Washington State University Foundation's investment portfolio is valued at $515.7 million, with investments in domestic and international equity, hedge fund, fixed income, cash, and private equity.