Ohio University Foundation manages an endowment fund based in Athens, Ohio. Established in 1945, the foundation serves as the fundraising arm of Ohio University. It is an institutionally-related, non-profit, tax-exempt organization and is the repository for all private gifts to Ohio University. The endowment includes both donor-restricted endowment funds and funds designated by the board of trustees as quasi-endowments. The endowment is managed by the board of trustees.