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 ?
Calls for establishment of endowment fund for restoration and conservation of heritage sites
The government has set up an endowment fund of Rs one billion to execute its marketing plans for promotion of the country's unexplored scenic sites and tourists resorts at local and international level.
'Balochistan endowment fund is a gift from provisional government for the people',Asad Baloch said as he insisted that many poor patients are receiving treatment in different hospitals at government expenses.
Further the committee shall also be responsible for formation of an investment policy of the funds and keep record of the policy as well as of the investments and expenditures made while the profits earned by the endowment fund shall be utilised or re-invested until utilized in accordance with the obectives.
The profits earned by the endowment fund shall be utilized or re-invested until utilized in accordance with the objectives.
The endowment fund will be named 'Investment Fund for Rehabilitation and Welfare of HIV/AIDS infected persons in Sindh'.
The endowment fund is to be named `Investment Fund for Rehabilitation and Welfare of HIV/AIDS infected persons in Sindh'.
She added that these endowment fund released by the council and all the functionaries of the government would extend full and effective cooperation to the council for ensuring the enforcement of this act for the rights of the persons with disabilities.
The Endowment Fund plans to raise Sh6.5 Billion by 2025 when the school will be turning 100 years old.
This will be a needs based scholarship; the two parties agreed to use the returns from this endowment fund to sponsor at least 1 student every year.
Abu Dhabi, Mar 2, 2019, SPA -- Foreign Ministers of Organization of Islamic Cooperation (OIC) member states, concluded their 46th session, held here today, endorsing inception of an endowment fund to guarantee sustainable financing of UNRWA activities, in particular, and to support Palestinian refugees, in general, OIC Secretary general Dr.
Alpha Kappa Alpha Sorority, Incorporated (AKA) has partnered with the Educational Advancement Foundation to establish the AKA-HBCU Endowment Fund to help maintain financial stability of historically Black colleges and universities (HBCUs).