Endowment: Difference between revisions
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imported>Doug Williamson (Create page. Source: http://www.investopedia.com/terms/e/endowment.asp) |
imported>Doug Williamson (Classify page.) |
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''Not-for-profit'' | ''Not-for-profit''. | ||
An endowment is a substantial donation to a not-for-profit organisation, designed to support its aims on a long-term basis. | An endowment is a substantial donation to a not-for-profit organisation, designed to support its aims on a long-term basis. | ||
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* [[Principal]] | * [[Principal]] | ||
* [[Third sector]] | * [[Third sector]] | ||
[[Category:The_business_context]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] |
Latest revision as of 17:43, 25 August 2019
Not-for-profit.
An endowment is a substantial donation to a not-for-profit organisation, designed to support its aims on a long-term basis.
Endowments are often structured to preserve the principal amount of the donation, using the income only over time.