Wayne State University Endowment

Wayne State University (WSU) manages an endowment fund based in Detroit, Michigan. The fund supports academic programs, financial aid, fellowships, and scholarships. It also aids the Wayne State University Foundation's financial administration and the investment committee's management of the Long-Term Investment Program. The investment committee oversees the endowment, assisting the Foundation Board with investment-related decisions, including policy and strategic planning, manager selection, implementation, and performance review. The committee uses external investment managers for the pooled endowment fund.