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- DictionaryEn·dow·ment/inˈdoum(ə)nt/
noun
- 1. the action of endowing something or someone: "he tried to promote the endowment of a Chair of Psychiatry"
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Learn the meaning of endowment as a noun, with synonyms, examples, and word history. Find out how endowment relates to donations, natural abilities, and institutions.
- What Is An Endowment?
- Understanding Endowments
- Policies of Endowments
- Endowment Types
- Requirements For Endowments
- Endowments and Higher Education
- Criticism of Endowments
- Real World Examples of Endowments
An endowment is a donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose. An endowment can also refer to the total of a nonprofit institution’s investable assets, also known as its “principal” or “corpus,” which is meant to be used for operations or programs that are consistent w...
Endowments are typically organized as a trust, private foundation, or public charity.Many endowments are administered by educational institutions, such as colleges and universities. Others are overseen by cultural institutions, such as art museums, libraries, religious organizations, private secondary schools, and service-oriented organizations, su...
Most endowment funds have the following three components, which govern investments, withdrawals, and use of the funds.
There are four different types of endowments: 1. Unrestricted Endowment – This consists of assets that can be spent, saved, invested, and distributed at the discretion of the institution receiving the gift. 2. Term Endowment – This setup usually stipulates that, only after a period of time or a certain event, can the principal be expended. 3. Quasi...
Managers of endowments have to deal with the push and pull of interests to make use of assets to forward their causes or sustainably grow their respective foundation, institution, or university. The goal of any group given the task of managing a university’s endowments, for example, is to sustainably grow the funds by reinvestmentof the endowment’s...
Endowments are such an integral part of Western academic institutions that the size of a school’s endowment can be a fair measure of its well-being. They provide colleges and universities with the ability to fund their operating costs with sources other than tuition and ensure a level of stability by using them as a potential rainy-day fund.Older e...
Harvard and other elite higher educational institutions have come under criticism for the size of their endowments. Critics have questioned the utility of large, multibillion-dollar endowments, likening it to hoarding. Large endowments had been thought of as rainy-day funds for educational institutions, but during the Great Recession, many endowmen...
The oldest endowments still active today were established by King Henry VIII and his relatives. His grandmother, Countess of Richmond,established endowed chairs in divinity at both Oxford and Cambridge, while Henry VIII established professorships in a variety of disciplines at Oxford and Cambridge. According to the National Center for Education Sta...
Endowment is money given to an organization or a quality someone is born with. Learn more about the different types and uses of endowment, and see examples from the Cambridge Dictionary.
Learn the meaning of endowment as a noun in different contexts, such as money given to an organization, a quality from birth, or a type of insurance. See how to use endowment in sentences from various sources.
Endowment is the act of giving something to someone or something, or the property, funds, etc., with which an institution or person is endowed. It can also mean an attribute of mind or body, or a gift of nature. See how to use endowment in a sentence and find synonyms on Dictionary.com.
Definitions of endowment. noun. natural abilities or qualities. synonyms: gift, natural endowment, talent. see more. noun. the capital that provides income for an institution. synonyms: endowment fund. see more. noun. the act of endowing with a permanent source of income. “his generous endowment of the laboratory came just in the nick of time”
Learn the meaning, pronunciation and usage of the word endowment in formal contexts. Find out how to use it as a countable or uncountable noun, and see examples of endowment in education and other topics.
