University of Illinois Foundation

The University of Illinois Foundation manages the endowment fund of the University of Illinois based in Urbana, Illinois. Established in 1935, the foundation is an independent not-for-profit membership corporation registered with the State of Illinois. The mission of the foundation is to advance the interests and welfare of the university. Its role involves procuring private support on behalf of the university and functions as the independent official fundraising and private gift-receiving agency for the University of Illinois. The foundation's investments are governed by the board of directors.