Smith College manages an endowment fund which is located in Northampton, Massachusetts. The college's endowment fund, which is comprised of approximately 2,000 individual funds, finances a portion of the operating and capital needs of the institution. In addition, the fund includes a number of restricted endowments funding specific areas including professorships, scholarships, and departmental support. The investment office is charged with the responsibility for implementing and administering the college's investment policy. The endowment's goals are to assist in the attainment of the stated objectives while complying with all investment policy guidelines and standards. The investment committee of the board of trustees oversees the investment of Smith's endowment.