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 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 The Marine Library Association last year requested to transfer the Jordan bequest into an endowment fund overseen by the St. Croix Valley Foundation, where the money could be invested in high-yield funds, said Jim Maher, president of the Marine Library Association. Mary Divine, Twin Cities, 6 Feb. 2024 The donation came just over a week after the endowment board asked Sacramento State, which oversees CapRadio, to sell its broadcast license to KVIE and allow the PBS affiliate to take over the radio operation. Sam Stanton, Sacramento Bee, 2 Apr. 2024 Swed reports that the symphony has an enviable endowment ($315 million) and audiences had picked up after the pandemic, but cutbacks still loomed. Carolina A. Miranda, Los Angeles Times, 23 Mar. 2024 His school, a Jesuit university in Jersey City, N.J., with an enrollment of around 3,000 students and an endowment of less than $40 million, had previously been to three tournaments and won zero games. Santul Nerkar, New York Times, 22 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, Fortune, 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 18 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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