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 of endowment from the Web
Mary Jo and Bill gave generously to establish scholarships and endowments at the University of Florida, Santa Fe College, and the University of Central Florida.
While other presidents in local college towns worry about competing for endowments and enrollment, Mr. Aoun sees another threat: robots.
Insurers or an entity seeking insurance can issue bonds to investors like pension funds and endowments.
Candidates looking for an endorsement must submit a lengthy questionnaire that gauges their support on everything from a $15 an hour minimum wage to whether or not Yale University’s commercial property or endowment should be taxed.
The museum’s construction and endowment is being funded entirely by Lucas, his wife and their foundation, which Los Angeles officials say makes it the largest public gift ever given to a municipality.
Karolyn Ferris Ferris is a managing director and segment head for the endowment and foundation and healthcare business segments across the U.S. for BNY Mellon asset servicing.
The cost will be paid from the memorial's endowment and funds from the Parks and Recreation Department and general obligation bonds approved by voters.
Recent decades have seen a shift toward more and more stocks being held by institutional investors like mutual funds, pension funds, and university endowments.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'endowment.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of endowment
Financial Definition of ENDOWMENT
What It Is
How It Works
In the broadest sense, an endowment is a donation that is given to a non-profit institution on the condition that it is used for the benefit of that organization. Most endowments are designed to provide a permanent source of income by keeping the original amount invested and using the accrued income from dividends for its charitable purpose.
An example of an endowment is a sizable donation to a university on the condition that it is invested and that the proceeds from the investment are used for an annual undergraduate scholarship.
Why It Matters
Endowments are given to non-profit organizations with the intention that they be used to advance the mission of the organization for the long term. Endowments of large institutions, such as major private universities, sometimes become significant players in the financial world due to the significant amount of money that the endowment is investing.
ENDOWMENT Defined for English Language Learners
Definition of endowment for English Language Learners
: a large amount of money that has been given to a school, hospital, etc., and that is used to pay for its creation and continuing support
: the act of providing money to create or support a school, organization, etc.
: a person's natural ability or talent
ENDOWMENT Defined for Kids
legal Definition of endowment
- the university's ability to attract endowment
- an endowment to maintain the gallery
- chairwoman of the state's arts endowment
Seen and Heard
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