Endowment funds are similar to savings accounts or other financial assets that generate income through prudent investment of the principal. Part of the income from the endowment provides cash for our annual operating expenses. Ideally, income from a growing endowment supports the operating budget and mitigates the need for larger tuition increase. Increasing MBA’s endowment remains one of the most important financial objectives of the school. MBA’s current endowment is approximately $60 million. Income from the endowment helps to fund approximately 14 percent of the annual operating budget for the school.