endowment fund

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  • noun

Synonyms for endowment fund

the capital that provides income for an institution

References in periodicals archive ?
As world experience has shown, endowment funds are dynamic method for formation and utilization of finance resources.
The names of successful students are available at the National Bank of Pakistan's website: "Government of Pakistan, SBP and commercial banks should strengthen their efforts to increase the Endowment Fund size for enhancing the outreach of the Scheme.
The disbursements represent income earned on endowments created by arts organizations and funded jointly by the private sector and the government through two matching programs: the Arts Endowment Fund, and the Canada Cultural Investment Fund.
Later on when all of the local hospitals became part of South Glamorgan Health Authority I believe that most if not all individual endowment funds were merged under the management of Mr Seth Lake (a solicitor) as chairman of this endowment fund.
THE Community Foundation in Wales has announced an increase in its endowment fund.
FAS 117-1, "Endowments of Not-for-Profit Organizations: Net Asset Classifications of Funds Subject an Enacted Version of the Uniform Prudent Management of Institutional Funds Act (UPMIFA), and Enhanced Disclosures for All Endowment Funds.
But there are some universities with extremely large endowment funds," she said.
The problem is compounded when a community experiences excessive expenses and its endowment funds are hammered by poor stock market performance.
Schools have realized that endowment funds provide for their long-term stability;" said Ken Hoppe, acting vice president of operations for the two-year college that was founded in 1964.
Currently, the AKAs have recommended $300,000 in programming and fund grants and have $200,000 in endowment funds, explains Crenshaw.
In response to the HarvardWatch report, entitled "Trading Truth: A Report on Harvard's Enron Entanglements," university spokesman Joe Wrinn said the Harvard Corporation did not participate in investment decisions by Highfields Capital, although the hedge fund, which manages about $2 billion of the school's endowment, was founded with $500 million of Harvard's endowment funds.
124's accounting and reporting requirements, which standardize the accounting for investments of all NPOs and limit the accounting options for endowment funds (see page 93).
Interest from the endowment funds, which Reynolds estimates at $75,000 a year, will be used as seed money for research, documentation, and educational publishing, including digital preservation and the creation of an on-line, multimedia database of information about Balanchine (1904-1983) and his work.
The Foundation was formed as a supporting organization for ACA, to raise additional funds and to manage the endowment funds in existence.
This constitutes approximately 11% of Federation's endowment funds as of December 2008.