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 ?
Donations of $100 or more to the Endowment Fund ensure a book on the wall.
From the mid-2000s, endowment funds have developed in the post-Soviet space.
He also pledged that the Warid would give more donations to the GCU Endowment Fund Trust to support its great cause.
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.
But there are some universities with extremely large endowment funds," she said.
The donation nearly doubled the school's endowment fund.
Noting that most early care and education programs do not have adequate resources to achieve high quality, this report examines the potential of community-based endowment funds for early care and education.
The Diversity Endowment Funds, which is part of the St.
124's accounting and reporting requirements, which standardize the accounting for investments of all NPOs and limit the accounting options for endowment funds (see page 93).
The Foundation was formed as a supporting organization for ACA, to raise additional funds and to manage the endowment funds in existence.