endowment

noun

en·​dow·​ment in-ˈdau̇-mənt How to pronounce endowment (audio)
en-
1
: the act or process of endowing
2
: something that is endowed
specifically : the part of an institution's income derived from donations
3
: natural capacity, power, or ability
a person of great intellectual endowment

Examples of endowment in a Sentence

The hospital's endowment was established by a local family. The college has a large endowment. the endowment of a hospital wing
Recent Examples on the Web Columbia University, a focal point for the protests, has one of the largest school endowments in the nation at more than $13 billion. Taylor Wilson, USA TODAY, 26 Apr. 2024 The investments listed by Columbia University Apartheid Divest as objectionable amount to less than one-tenth of 1 percent of Columbia’s $13.6 billion endowment. Santul Nerkar, New York Times, 24 Apr. 2024 Heather Harmon, executive director of Las Vegas Museum of Art, says the museum is tentatively slated to open in 2028 and has established a campaign fundraising goal of $150 million, as well as plans for an endowment. Jessica Gelt, Los Angeles Times, 22 Apr. 2024 Enrollment at the small, Catholic liberal arts college in Radnor, Pennsylvania, had fallen more than 60 percent since 2016, putting the tuition-dependent school with a small endowment under serious financial pressure. Athena Jones, CNN, 13 Apr. 2024 Read Next Entertainment How the Charlotte Symphony quietly raised $41 million to help ensure a stable future April 03, 2024 6:00 AM Most of the money will go toward increasing the size of the orchestra’s endowment. Amy Carleton, Charlotte Observer, 4 Apr. 2024 Fundraising leaders looked at endowment for peer orchestras, Phillips said, and saw Charlotte lagging behind. Adam Bell, Charlotte Observer, 3 Apr. 2024 The Floyds Fork Coalition asked for the removal of the endowment’s exemption in the Zoning Overlay District, while David Morgan, representing 21st Century Parks, appeared before the commission asking for the exemption to be upheld. Connor Giffin, The Courier-Journal, 25 Mar. 2024 Meadow Didier, director of consulting for Nonprofit Finance Fund, recommends a type of endowment that allows the nonprofit's boards and leaders to access the principle amount of the endowment when needed. Thalia Beaty, Quartz, 19 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'endowment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

15th century, in the meaning defined at sense 1

Time Traveler
The first known use of endowment was in the 15th century

Dictionary Entries Near endowment

Cite this Entry

“Endowment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/endowment. Accessed 29 Apr. 2024.

Kids Definition

endowment

noun
en·​dow·​ment in-ˈdau̇-mənt How to pronounce endowment (audio)
1
: the providing of a permanent fund for support
also : the fund provided
a college's endowment
2
: a person's natural ability

Legal Definition

endowment

noun
en·​dow·​ment
1
: the act or process of endowing
2
: a result or product of endowing: as
a
: the income of an institution derived from donations
the university's ability to attract endowment
b
: the property (as a fund) donated to an institution or organization that is invested and producing income
an endowment to maintain the gallery
3
: an endowed organization or institution : foundation
chairwoman of the state's arts endowment
4

More from Merriam-Webster on endowment

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