Endowment funds


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Endowment funds

Investment funds established for the support of institutions such as colleges, private schools, museums, hospitals, and foundations. The investment income may be used for the operation of the institution and for capital expenditures.

Endowment Funds

Portfolios for some non-profits, especially universities, hospitals, and foundations. Endowment funds are usually set aside for capital expenditures, and are only used on an as-needed basis. Having a great deal of money in an endowment fund indicates that the organization is likely on sound financial footing.
References in periodicals archive ?
From the mid-2000s, endowment funds have developed in the post-Soviet space.
The subcommittee shall also devise measures and identify funding sources for increasing Endowment Fund of the Scheme.
The annual income received from the Arts Endowment Fund contributes to the exhibitions and education programs we present, says Alexandra Montgomery, Executive Director, Gardiner Museum.
These amounts were usually taken from the interest made on the endowment fund capital.
To provide guidance on the net asset classification of donor-restricted endowment funds for not-for-profit organizations subject to an enacted version of UPMIFA.
The donation nearly doubled the school's endowment fund.
The shortfall in the fair value of donor-restricted endowment funds below the amount required by donor stipulations or law.
The CIP invests, with the input of professional advisors, significant funds on behalf of the Federation's United Jewish Fund Endowment Fund in a range of investment classes and vehicles.
The meeting also discussed various options and initiative on how to increase endowment funds.
Chair of The Community Foundation in Wales, Antony Lewis, said that the total of endowment funds which have been entrusted to the stewardship of the foundation has risen from pounds 1m to pounds 4m this year as a result of donations and new funds from individuals, businesses and trusts.
If the people who come to lobby us who are famous and rich dedicate 1 percent of their gross income to an American endowment for the arts they would fund a bigger system than the national endowment funds,'' Gingrich said.
Founded in 1981, Boston-based AEW creates and actively manages direct investments in real property on behalf of large institutions, including corporate, labor union and government pension funds, university endowment funds and the RTC.