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 ?
Former minister Khursheed Roshan Barocha, Provincial Secretary Social Welfare Abdul Rauf Baloch, Secretary Industry Ghulam Ali Baloch, Director Balochistan Public Endowment Fund Mumtaz Baloch, other official and a large number of people were present on the occasion.
Whereas the financial Assistance will be provided by the Endowment Funds trust Sindh as assured by the Secretary of Endowment funds Trust Sindh.
GILGIT:Chief Minister (CM) Gilgit Baltistan (GB) Hafizur Rehman said that it was the top priority of his government to resolve masses' problems and added that an endowment fund had been set up in
Some donors are more willing to donate to those organizations that have endowment funds because they are considered more financially stable.
They culminated in claims that cash from its endowment fund had been used to cover general expenses, including funding a new computer system in 2014.
The new endowment fund will help pay for additional staffing as well as cover the cost of staving off pests, and help pay for possible projects in the garden such as keeping restrooms open all year long or upgrading the park office.
NACUBO notes that the percentage gains for the endowment funds do not equate to investment returns.
"Harvard University has an endowment fund worth billions of dollars," he added.
Endowment funds for some hospitals could be substantial, for example, I remember while working at the Cardiff Royal Infirmary two elderly ladies living in an old house in Pentyrch, who died in quick succession, leaving their house as an endowment for the benefit of CRI staff.
The panel discussions at the conference will examine issues such as EoACAySharia, legal and social indications of the endowment funds', EoACAyEndowment funds trends in today's world' and EoACAyRegulations that control endowment funds'.