KU Endowment is an official foundation responsible for raising and managing private funds on behalf of The University of Kansas. KU Endowment is a nonprofit organization that is separate from University of Kansas and the state government of Kansas. The organization transfers income from endowed funds and gifts from donors to the university s various campuses. It strives to maintain a consistent level of support for the university through endowed funds and long-term investments. The organization employs more than 180 staff members. KU Endowment is a member of the Association of American Universities (AAU). It operates an alumni association that includes more than 280,000 members.