Financial endowment
A financial endowment consists of funds or property donated to an institution or individual, with the stipulation that it be invested, and the principal remain intact. This allows for the donation to have a much greater impact than if it were spent all at once.
Related Topics:
Funds - Invested - Principal
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~ Table of Content ~
| ► | Introduction |
| ► | College and University Endowments |
| ► | References |
| ► | See also |
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