Over the last few years, POSTECH has reported positive returns and jumps in the POSTECH Endowment. The Postech Times contacted Chang Yun Hyung, the Director of the Investment and Finance Team, to report how the endowment revenue is being utilized by the university and the future direction of the endowment management.
 The Investment and Finance Team is a department that manages corporate assets, including the POSTECH Endowment, and aims to improve profitability and stability. Seven members work in the financial field along with investment experts in the fields of bonds, stocks, and alternative investments. Specifically, there is endowment management work such as strategy establishment, investment execution, management analysis tasks, and financial work such as tax-related tasks. 
 While most private university endowment is invested in safe assets, POSTECH has actively managed its endowment like the Harvard University endowment which recorded 9.2% of the compound annual growth rate starting from 1994. In 2000, POSCO donated KRW 300 billion to POSTECH, and POSTECH invested KRW 200 billion worth of stock, to the POSCO Holdings Inc. On May 3, the value of POSCO shares was approximately KRW 1.920 trillion with an acquisition cost of KRW 245 billion. Subtracting the numbers, the gain on the valuation of the stock was KRW 1.675 trillion. The POSTECH Endowment is interdependent with POSCO and they are growing together. The portfolio composition of the fund is divided into stocks of KRW 1.63 trillion, alternative products of KRW 200 billion, and bonds of KRW 90 billion. Presently, the POSTECH Endowment is the wealthiest private university endowment in Korea. 
 The POSTECH Endowment aims to achieve the founding philosophy of POSTECH, cultivate world-class talent; furthermore, disseminate research results through collaboration between industry and research, and finally, serve the development of human society. The POSTECH corporation has supported KRW 1.7 trillion since its establishment. The endowment generates a certain level of cash income, about KRW 70 billion annually, and provides this for POSTECH, covering 40% of POSTECH’s income accounting in 2022, while most private universities in Korea recorded less than 5%. The endowment is used in various fields, such as ensuring top education, providing student scholarships, supporting welfare programs, and improving old facilities. POSTECH invested more than KRW 100 million per student as an educational investment according to the Korea Advancing School Foundation, which is an outstanding amount of investment per student compared to other universities. 
 However, the valuation profit remains valuation and does not equal actual profit. There are several reasons why POSTECH does not sell the stocks. Private universities could be charged high corporate taxes when they reinvest high-profit shares into safe assets. Moreover, POSCO stocks are blue-chip companies with high growth potential in the future. Companies produce lithium, cathode materials, and anode materials, which are the basis of the secondary battery material and the electric vehicle market. Director Leader Chang added that undeniably, the POSTECH Endowment is biased toward stocks. The endowment will benchmark large successful endowments like the Harvard University endowment and improve profitability and stability to support POSTECH.