California State University Bakersfield Foundation

California State University, Bakersfield Foundation (CSUB Foundation) manages an endowment fund for the California State University Bakersfield which is based in Bakersfield, California. Established in 1969 as a financially self-sufficient auxiliary private non-profit organization, the foundation seeks to support California State University Bakersfield by advocating for CSUB to government and to the community, fundraising for CSUB programs and activities and managing the finances of the Foundation and the university endowment. The assets are managed by the board of directors.California State University, Bakersfield Foundation's investment portfolio is valued at $25.47 million, with investments in private equity, equities, fixed income, hedge funds, and cash.