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 ?
BEEF CEO Zafar Bokhari said that Balochistan established the endowment fund faithfully following the PEEF's successful model as the PEEF indeed showed other provinces the path in this regards.
The fund is operated under Khyber Pakhtunkhwa Higher Education Research Endowment Fund Act, 2004 and governed by Board of Directors notified under the Act, Additional Secretary Higher Education told the meeting.
The University Endowment Fund has benefited from a new source of stable income to support the activities of the numerous endowments, and the addition of the asset to its portfolio has contributed to the overall capital growth of the fund.
Later on when all of the local hospitals became part of South Glamorgan Health Authority I believe that most if not all individual endowment funds were merged under the management of Mr Seth Lake (a solicitor) as chairman of this endowment fund.
UrFU and UTSSB continue to actively collaborate on a number of information technology projects, including the development of a centralized information distribution system, besides the endowment fund contribution.
The money will come from two pots of money: $120,300 from the federal Community Development Block Grant program and $100,000 from the city's own Social Services Endowment Fund.
We had already planned to start an endowment fund next year to coincide with AMERICAN FORESTS' 125th anniversary," said Executive Director Deborah Gangloff.
The Illinois CPA Society Accounting Scholarship Program is funded by the CPA Endowment Fund of Illinois.
The Jewish Federation will continue to utilize the funds in the United Jewish Fund Endowment Fund to support its essential life saving work, at home and abroad, on behalf of the Los Angeles Jewish Community.
PEP Foundation President Dr Khalid Iqbal said the purpose of the Student Advancement Endowment Fund (SAEF) is to make higher education accessible to needy students, enhance their experience and make universities more competitive.
100 per cent of the income generated from the Endowment Fund will be applied directly to the purpose of the fund.