From ACT Wiki
Revision as of 05:53, 22 August 2017 by Doug Williamson (Talk | contribs) (Create page. Source: http://www.investopedia.com/terms/e/endowment.asp)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search


An endowment is a substantial donation to a not-for-profit organisation, designed to support its aims on a long-term basis.

Endowments are often structured to preserve the principal amount of the donation, using the income only over time.

See also