What is an endowment? An endowment is an investment fund set - TopicsExpress

What is an endowment? An endowment is an investment fund set aside for the long term support of a charitable organization. The Principal is protected and only the interest or a portion of it is expended. The uses of the income are controlled either by the donors’ wishes or by the organizations governing board. Community Foundations can establish endowments not only for their own grant making, they can also provide a service by managing endowments for smaller organizations that don’t have the capacity to invest funds on their own.

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