Greater efficiencies could also result in fee savings. Foundations not participating in the consolidated umbrella include Engineering, Textiles, the Alumni Association, and the Wolfpack Club. The members board includes university officials, representatives from the foundations, and representatives from the Board of Trustees. The fund is handled by professional investment managers. The Treasurer's Office provides oversight.
Asset allocation drives the rate of return.
The members board sets the asset allocation targets. The relatively small size of NCSU's endowments limits the university's willingness to consider high-risk investments. NCSU has no social restrictions on its investments. Reports are made quarterly to the Board of Trustees. See attachments for examples.