Endowment Sentence Examples

endowment
  • In 1909 the endowment was about $1,389,600, and the school property was valued at about $1,117,660.

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  • Another educational endowment is Freeman's school, founded by John Freeman in 1711.

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  • Campbell, a Belfast merchant, who left 200,000 for the building and endowment of a public school.

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  • It culminated in 1864, when the country clergy, provoked by the final acquittal of the essayists, had voted in convocation against the endowment of the Greek chair.

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  • Since the state endowment ceased the average income of ministers from their congregations has considerably increased.

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  • In addition to an initial endowment by the state, part of the annual income of the fund is furnished in various forms by the state (principally by making over a proportion of the profits of the Post Office Savings Bank), and part by the premiums of the workmen.

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  • One conspicuous feature of the Bosnian land-system is the Moslem Vakuf, or ecclesiastical property, consisting of estates dedicated to such charitable purposes as poor-relief, and the endowment of mosques, schools, hospitals, cemeteries and baths.

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  • Freeman and Charles Elton discovered by historical research that a breach of the conditions of the professorship had occurred, and Christ Church raised the endowment from Loo a year to £50o.

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  • The pulpit of St Mary's was no longer closed to him, but the success of Balliol in the schools gave rise to jealousy in other colleges, and old prejudices did not suddenly give way; while a new movement in favour of " the endowment of research " ran counter to his immediate purposes.

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  • Between 1881 and 1905 the bequests to existing institutions and sums left for the endowment of new institutions amounted to about 16,604,600.

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  • The Italian parishes had in 1901 a total gross revenue, including assignments from the public worship endowment fund, of 1,280,000 or an average of 63 per parish; 51% of this gross sum consists of revenue from glebe lands.

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  • The public worship endowment fund has relieved the state exchequer of the cost of public worship; has gradually furnished to the poorer parish priests an addition to their stipends, raising them to 32 per annum, with the prospect of further raising them to 40; and has contributed to the outlay incurred by the communes for religious purposes.

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  • On the 30th of June 1903 the patrimony of the endowment fund amounted to 17,339,040, of which only 264,289 were represented by buildings still occupied by monks or nuns.

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  • To the pope was made over 16,000 per annum as a contribution to the expense of maintaining in Rome representatives of foreign orders; the Sacred College, however, rejected this endowment, and summoned all the suppressed confraternities to reconstitute themselves under the ordinary Italian law of association.

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  • He gave large sums of money for the endowment of chairs in philosophy and rhetoric, with a view to making the schools the resort of students from all parts of the empire.

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  • One of the possibilities to be allowed for is that of exceptional muscular endowment or anatomical peculiarity in the medium.

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  • The revenue derived from the sales and leases of this land constitutes an endowment fund upon which the state as trustee pays 6% interest.

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  • In 1880 the state assumed liability for the full amount plus interest, and this balance, $544,061.23, now constitutes an endowment fund, upon' which the state pays 6% interest.

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  • The British School, founded in 1886, has been unable, owing to insufficient endowment, to work on similar lines with the French and German institutions; it has, however, carried out extensive excavations at Megalopolis and in Melos, as well as researches at Abae, in Athens (presumed site of the Cynosarges), in Cyprus, at Naucratis and at Sparta.

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  • In the period of the Antonines the endowment of professors out of the imperial treasury gave Athens a special status as a university town.

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  • At Oxford Rotherham built part of Lincoln College and increased its endowment; at Cambridge, where he was chancellor and master of Pembroke Hall, he helped to build the University Library.

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  • In its modern usage it is practically confined to the money endowment given to the younger children of reigning or mediatized houses in Germany and Austria, which reverts to the state or to the head of the family on the extinction of the line of the original grantee.

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  • The annual value of the Hulse endowment is between £800 and £900, of which eight-tenths go to the professor of divinity and one-tenth to the prize and lectureship respectively.

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  • The fact that Fareham (Fernham, Ferham) formed part of the original endowment of the see of Winchester fixes its existence certainly as early as the 9th century.

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  • The civil list paid to the Bey of Tunis amounts to £36,000 per annum, and the endowment of the princes and princesses of the beylical family to £31,200 a year more.

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  • The state legislature approved this grant in 1858, added to the endowment one section (640 acres) out of every ten appropriated co encourage the building of railways, and provided that there should be one university instead of two.

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  • He was the only bishop who voted for the disestablishment of the Irish Church, though a scheme of concurrent endowment would have been much more agreeable to him.

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  • His connexion with the Bombay presidency was appropriately commemorated in the endowment of the Elphinstone College by the native communities, and in the erection of a marble statue by the European inhabitants.

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  • In 1888 Lord Selborne published a second work on the Church question, entitled Ancient Facts and Fallacies concerning Churches and Tithes, in which he examined more critically than in his earlier book the developments of early ecclesiastical institutions, both on the continent of Europe and in Anglo-Saxon England, which resulted in the formation of the modern parochial system and its general endowment with tithes.

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  • Among its chief events may be mentioned the endowment of the university of Constantinople (425), the conciliatory council of Ephesus (434) and the publication of the Codex Theodosianus (438), a collection of imperial constitutions for the benefit of public officials, which is our chief source of information about the government of the empire in the 5th century.

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  • Not continued endowment by the Spirit, but the possession of an ecclesiastical office now became the basis of authority.

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  • It is maintained in part by the city, through public taxation, and in part by the income from endowment funds given by Charles M`Micken, Matthew Thoms, David Sinton and others.

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  • Then it meant the endowment funds, next the priests, and then the church or chapel itself.

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  • There is really no contradiction between this sense of a high calling and mission, with a special endowment corresponding to it, and the other fact that the writings from this age that have come down to us are all (except perhaps the Apocalypse, and even the Apocalypse, in some degree, as we see by the letters to the Seven Churches) strictly occasional and natural in their origin.

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  • The critical philosophers of the 18th century were often destitute of the historical spirit, which was no part of the endowment needed for their principal social office.

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  • Moreover, special provision had been made in the Constitutional Act of 1791 for the liberal endowment of the Protestant religion, then identified in the official mind with the Church of England, through what were afterwards known as the Clergy Reserves, being one-seventh of the lands of the new townships opened for settlement.

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  • During his second visit to England in1826-1827he obtained a royal charter for the university of King's College, with provision for its endowment out of the crown lands.

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  • When the storm had subsided the Clergy Reserves and university questions remained dormant until 1836, when the attempt to apply the Reserves to the endowment of rectories renewed the trouble and contributed largely to the crisis of 1837.

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  • It is highly doubtful, however, whether he had anything to do either with the Antiphonary or with the invention or revival of the cantus planes; it is certain that he was not the founder of the Roman singing-school, though he may have interested himself in its endowment and extension.

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  • In 1908 it had a permanent endowment of about $425,000, a faculty of 46 and 607 students; the library contained 40,000 bound volumes and as many pamphlets.

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  • The whole endowment was in 1535 worth some £ 200 a year, about a fifth of that of Winchester College.

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  • It is commonly represented that the endowment was wholly derived from alien priories bought by Chicheley from the crown.

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  • In truth, not so large a proportion of the endowment of All Souls was derived from this source as was that of New College.

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  • On the 5th of March 1440-1441, the king endowed the college out of alien priories with some scpc, a year, almost exactly the amount of the original endowment of Winchester.

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  • Other influences which may be traced in his writings are those of modern naturalism and of a somewhat misinterpreted Darwinism ("strength" is generally interpreted as physical endowment, but it has sometimes to be reluctantly acknowledged that the physically feeble, by their combination and cunning, prove stronger than the "strong").

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  • The imagination and the breadth of view necessary to a statesman of the highest order were not part of his endowment, nor had he the power of working harmoniously with his subordinates.

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  • The chantry of St Edmund the Martyr which stood on the opposite side of the town was a part of Edward III.'s endowment to the priory, and became so famous as a place of pilgrimage, especially for those on their way to Canterbury, that the part of Watling Street which crossed there towards London was sometimes called " St Edmund's Way.

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  • It is well equipped with buildings and apparatus, and has an endowment of about $300,000.

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  • In Rome he founded the splendid College of the Jesuits; and he patronized the Collegium Germanicum of St Ignatius; while, at the same time, he found means for the endowment of English and Irish colleges.

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  • She assented, not only to the undisturbed maintenance of the new creed, but even to a scheme for the endowment of the Protestant ministry out of the confiscated lands of the Church.

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  • In England, for quite two centuries after its conversion, the clergy administered only pro tempore in the parochial churches, receiving their maintenance from the cathedral church, all the appointments within the diocese lying with the bishop. But in order to promote the building and endowment of parochial churches those who had contributed to their erection either by a grant of land, by building or by endowment, became entitled to present a clerk of their own choice to the bishop, who was invested with the revenues derived from such contribution.

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  • He confirms that this cut applied to with profit annuitants as well as to pension and endowment investors.

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  • I would like to make a claim for endowment compensation myself, would I be allowed to do this?

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  • All these salaries are paid from the various funds constituting the endowment of the schools.

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  • An endowment is a fund that is set up by a donor to support a specific cause.

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  • On the 13th of April 1396 he obtained ratification of the parsonage of St Stephen's, Walbrook, presented on the 30th of March by the abbot of Colchester, no doubt through his brother Robert, who restored the church and increased its endowment.

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  • The only alien priories granted were Abberbury in Oxfordshire, Wedon Pinkney in Northamptonshire, Romney in Kent, and St Clare and Llangenith in Wales, all very small affairs, single manors and rectories, and these did not form a quarter of the whole endowment.

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  • In 1484 Waynflete gave the college the endowment.

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  • Such foundations had been created from the earliest times, and the execution of the testator's wishes was generally left to his descendants, under the supervision of some high official designated in the act of endowment.

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  • The Williamson artisan school is entirely supported by an endowment.

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  • He gave £2,000,000 in 1901 to start the Carnegie Institute at Pittsburg, and the same amount (1902) to found the Carnegie Institution at Washington, and in both of these, and other, cases he added later to the original endowment.

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  • The College of Agriculture and Mechanic Arts is managed by a board of trustees consisting of the governor, the president of the college, one member chosen by the alumni, and ten members appointed by the governor with the advice and consent of the council for a term of four years, and it is maintained out of the proceeds of grants by the United States government, annual state appropriations and a private endowment.

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  • This attitude of the Catholics was caused by Pitt's encouragement of the expectation that Catholic emancipation, the commutation of tithes, and the endowment of the Catholic priesthood, would accompany or quickly follow the passing of the measure.

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  • The position of Epicureanism as a recognized school in the and century is best seen in the fact that it was one of the four schools (the others were the Stoic, Platonist, and Peripatetic) which were placed on a footing of equal endowment when Marcus Aurelius founded chairs of philosophy at Athens.

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  • A small endowment was provided by the king, and the university, modelled on that of Paris and intended principally to be a school of law, soon became the most famous and popular of the Scots seats of learning, a result which was largely due to the wide experience and ripe wisdom of Elphinstone and of his friend, Hector Boece, the first rector.

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  • The institution owns 522 acres of land, has productive endowment funds amounting to $1,978,000, and receives from the state an annual appropriation of $80,000.

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  • At one time Erfurt had a university, of which the charter dated from 1392; but it was suppressed in 1816, and its funds devoted to other purposes, among these being the endowment of an institution founded in 1758 and now called the royal academy of sciences, and the support of the royal library, which now contains 60,000 volumes and over loco manuscripts.

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  • During this year he published a book When Labour Rules, in which he, speaking, of course, only for himself, depicted the kind of policy which Labour in power would favour - such as the right to work, development of nationalization, better homes, shorter hours, state endowment of motherhood, great extension of university facilities and a national theatre and opera.

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  • Loftus, however, favoured the project of founding a university in Dublin, though on lines different from Perrot's proposal, and it was largely through his influence that the corporation of Dublin granted the lands of the priory of All Hallows as a beginning of the endowment of Trinity College, of which he was named first provost in the charter creating the foundation in 1591.

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  • This was founded shortly after the Conquest and originated from the endowment which the monks of Lyre near Evreux held in Bowcombe, including the church, mill, houses, land and tithes of the manor.

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  • He took a keen interest in all the work of the college, presented to it the Marmor Homericum, and finally bequeathed the reversion of £6000 for the endowment of a chair of philosophy of mind and logic. The emoluments of this sum were, however, to be held over and added to the principal if at any time the holder of the chair should be "a minister of the Church of England or of any other religious persuasion."

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  • This institution was founded in 1865 by Asa Packer, who then gave $500,000 and 60 acres (afterwards increased to 115 acres) of land in the borough, and by his will left to the university library $500,000, and to the university an endowment of $1,500,000 and a large interest (about one-third) in his estate.

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  • The former is supported with very great liberality by the state; and the latter, the endowment of which is private (the state, however, exempting it from taxation), is one of the richest educational institutions of America.

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  • Roman Catholicism is the prevailing creed, but all religions are tolerated, and none receives any endowment or other special privilege from the state.

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  • In 1908 its endowment and property were valued at about $1,198,400, and the number of its students was 288.

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  • Its endowment is attributed to Edward IV., in memory of his father Richard, duke of York, who fell at the battle of Wakefield (1460).

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  • The government built forty-two churches in the Highlands, providing them with a slender endowment; and these are still known as parliamentary churches.

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  • Under Dr James Robertson, professor of church history in Edinburgh, one of the leading champions of the Moderate policy in the Ten Years' Conflict, the extension scheme was transformed into the endowment scheme, and the church accepted it as her duty and her task to provide the machinery of new parishes where they were required.'

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  • By 1854, 30 new parishes had been added at a cost of X130,000, and from this time forward the work of endowment proceeded still more rapidly.

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  • The home mission as the pioneer in opening up new fields of labour, and the endowment scheme which renders permanent the religious centres that the mission has founded, are both traceable to Dr Chalmers.

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  • This fund is administered by a trust which is not under the control of the church, and the revenue is used mainly in aid of church building and endowment throughout the country.

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  • In 1812 they had only one degree-conferring college with a small faculty, a small student body and almost no endowment; in 1906 they had more than Too universities and colleges with endowment and equipment valued at about $30,000,000, and an annual income of about $3,000,000.

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  • He provided an endowment from some lands at Bexley, and appointed as the first lecturer, his friend, Degory Wheare.

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  • The Catholic worship was suppressed, and the secularized church revenues supplied an endowment of the new university.

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  • Such reversions could be sold, bequeathed, or included in the dowries of married women; the right of trading with China might be part of the endowment of a school; a monastery or a hospital might purchase the command of a fortress.

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  • Meonstoke Perrers, part of the endowment of Winchester College, was certainly bought on the 12th of June 1380 from Sir William Windsor, her husband, whose name seems to be derived from Windsor, near Southampton water.

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  • The 24th of April 1872, the fiftieth anniversary of his election to his professorship, was observed in Princeton as his jubilee by between 400 and 500 representatives of his 2700 pupils, and $50,000 was raised for the endowment of his chair.

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  • The number of foundation scholars, that is, the number for which Colet's endowment provided, is 153, according to the number of fishes taken in the miraculous draught.

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  • In1909-1910Washington and Jefferson College (including Washington and Jefferson Academy) had 29 instructors, 413 students, about 20,000 volumes in its library and an endowment of $630,000.

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  • Hackley (1837-1905), a rich lumberman, the city has an endowment fund to the public schools of about $2,000,000; a manual training school, which has an endowment of $600,000, and is one of the few endowed public schools in the United States; a public library, with an endowment of $275,000; a public hospital with a $600,000 endowment; and a poor fund endowment of $300,000.

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  • To many persons it will appear paradoxical to ascribe the endowment of a soul to the inferior tribes in the creation, yet it is difficult to discover a valid argument that limits the possession of an immaterial principle to man.

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  • But the last Cleopatra had perhaps some special intellectual endowment.

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  • He here breaks with Augustine and the Westminster Confession by arguing, consistently with his theory of the Will, that Adam had no more freedom of will than we have, but had a special endowment, a supernatural gift of grace, which by rebellion against God was lost, and that this gift was withdrawn from his descendants, not because of any fictitious imputation of guilt, but because of their real participation in his guilt by actual identity with him in his transgression.

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  • The basis of its endowment was a fund of $6379 contributed in 1866 by the 62nd and 65th regiments U.S. Colored Infantry upon their discharge from the service; it has agricultural, industrial, sub-normal, normal and collegiate departments.

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  • There is, however, an active Christian Association andreligious services - provided for by theDean Sage Preachership Endowment - are conducted in Sage chapel by eminent clergymen representing various sects and denominations.

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  • He offered to the state as an endowment $500,000 (with 200 acres of land) on condition that the state add to this fund the proceeds of the sales of public lands granted to it by the Morrill Act of 1862 for "the endowment, support and maintenance of at least one college, where the leading object shall be.

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  • But Ezra Cornell himself paid many salaries during early years, and provided much valuable equipment solely at his own expense; and because the state's land scrip was selling too low to secure an adequate endowment for the University, in 1866 he bought the land scrip yet unsold ' Ezra Cornell (2807-2874) was born in Westchester county, New York, on the i ith of January 1807.

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  • But he was far awaybeing at the moment on his return journey from Jerusalemwhile on the spot was his brother Henry, an ambitious prince, whose previous efforts to secure himself a territorial endowment had failed more from ill-luck than from want of enterprise or ability.

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  • The Conservative party, moreover, was closely allied with the church, and Sir Robert had offended the church by giving an increased endowment to Maynooth, and by establishing undenominational colleges godless colleges as they were calledin Ireland.

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  • Henderson took a keen interest in education and gave the school at Creich a small endowment.

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  • The sisters were not to be literally shoeless, but to wear sandals of rope; they were to sleep on straw, to eat no meat, to be strictly confined to the cloister, and to live on alms without regular endowment.

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  • In his house in Lincoln's Inn Fields he brought together a valuable antiquarian museum (now the Soane Museum), which in 1835 he presented to the nation with an endowment; and there he died in 1837.

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  • His ideal society was "a natural and spiritual theocracy," in which God would raise up men of mark and endowment, who would regard themselves strictly as "divine commissioners" to guide the people.

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  • The university of Tasmania has an endowment of £4000 and a revenue from other sources (chiefly fees) of from £1 too to £2000.

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  • The college's main area of concern is the relative weakness of its endowment which makes it vulnerable to innumerable vicissitudes.

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  • Arguably it is Gary, the eldest of her offspring who exercises his endowment in a strictly amateur way, who epitomizes the family.

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  • The College " endowment " includes both the College's general and corporate capital and various trust funds given by benefactors for specific purposes.

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  • My client is having great problems getting her mortgage endowment mis-selling complaint sorted.

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  • Normally, trustees cannot spend any part of the charity's permanent endowment.

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  • The school possesses an ancient endowment of £ 100, the bequest of various donors now unknown.

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  • The trustees cannot normally spend permanent endowment without our authority.

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  • In reality many charities with an expendable endowment depend on the income it produces to fund core or continuing activities.

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  • Q. We received a letter from Barclays Bank offering compensation for a mis-sold endowment.

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  • Traded endowments are with-profits endowment policies that have been sold by the original owners before their maturity date.

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  • The prize has been funded by a generous endowment set up by Mrs Jeffrey's son Dr. Alan Jeffrey.

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  • Finally - and I didn't think my fingers would ever get to type this sentence - good news for with-profits endowment policy holders.

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  • The site of the Abbey was a druid grove or suchlike, a valuable endowment.

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  • First of all, several methods of endowment contract indexation are described.

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  • The AFS believes that the gain from total lower outgoings under endowment mortgages should be included in all redress calculations.

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  • In 2000, seven life insurers issued " promise to customer " letters, offering endowment policyholders reassurance on their investment returns.

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  • The most up-to-date FSA figures on endowment shortfall sizes are from last summer.

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  • You only pay when your nominated solicitors have successfully received endowment compensation on your behalf.

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  • He proposes similar thought experiments to cover contingencies such as unemployment and having a poor endowment of marketable talent.

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  • Nothing more than a site and building was required by way of endowment, as the young monks, who were sent there to study under a provisor, were supported by the houses of the order to which they belonged.

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  • Licences on the 1st of July, the 22nd of July 1477 and the 12th of February 1479, authorized additions to the endowment.

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  • Not the least of his services was to procure an endowment for the chair, which served as a precedent in similar instances.

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  • The indoor institutions are the more important in regard to endowment, and consist of hospitals for the infirm (a number of these are situated at the seaside); of hospitals for chronic and incurable diseases; of orphan asylums; of poorhouses and shelters for beggars; of infant asylums or institutes for the first education of children under six years of age; of lunatic asylums; of homes for the deaf and dumb; and of institutes for the blind.

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  • In 1349 a great part of Maimand and of three little villages belonging to it became wakf (pious endowment) of the shrine at Shiraz of Mir Ahmed, surnamed Shah Chiragh, a son of Musa Kazim, the seventh imam of the Shiahs, and the remainder of the Maimand grounds was given to the shrine by Mir Habbib Ullah Sharifi and by Shah Ismail in 1504; the administration of the Maimand property as well as the guardianship of the shrine is still with the descendants of Mir Habbib Ullah.

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  • Though Trinity hospital no longer exists as a hospital with resident pensioners, the trustees disburse annually pensions to certain poor burgesses and their wives and children; and the trust controlling the benevolent branch of the Gillespie hospital endowment is similarly administered.

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  • By his indefatigable activity he amassed a fortune of X300,000, the bulk of which he bequeathed to his daughter, with the deduction of considerable sums for the endowment of the anatomical chair in the Ecole de Medecine, and the establishment of a benevolent institution for distressed medical men.

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  • Man, however, cannot transcend his psychological endowment.

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  • Darnley at once threw himself into the arms of the party opposed to the policy of the queen and her secretary - a policy which at that moment was doubly and trebly calculated to exasperate the fears of the religious and the pride of the patriotic. Mary was invited if not induced by the king of Spain to join his league for the suppression of Protestantism; while the actual or prospective endowment of Rizzio with Morton's office of chancellor, and the projected attainder of Murray and his allies, combined to inflame at once the anger and the apprehension of the Protestant nobles.

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  • Though race may count for something in the matter of mental endowment - and at least it would seem to involve differences in weight of brain - it clearly counts for much less than does milieu, to wit, that social environment of ideas and institutions which depends so largely for its effectiveness on mechanical means of tradition, such as the art of writing.

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  • The university is maintained with the proceeds of an endowment fund derived chiefly from public lands given by the national government in accordance with the land grant, or Morrill, Act of 1862 (see Morrill, Justin S.) and from the bequest ($100,000) of Abner Coburn (1803-1885); by appropriations of Congress under the second Morrill Act (1890), and under the Nelson Amendment of 1907, by appropriations of the state legislature, and by fees paid by the students.

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  • In this Richard confirmed him at his accession, and gave him a more tangible endowment by allowing him to marry Isabella, the heiress of the earldom of Gloucester, and by bestowing on him the honor of Lancaster and the shires of Derby, Devon, Cornwall and Somerset.

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  • Bishop Hurst, by his splendid devotion in 1876-1879, recovered the endowment of Drew Theological Seminary, lost by the failure in 1876 of Daniel Drew, its founder; and with McClintock and Crooks he improved the quality of Methodist scholarship. The American University (Methodist Episcopal) at Washington, D.C., for postgraduate work was the outcome of his projects, and he was its chancellor from 1891 to his death.

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  • Several claims companies are looking into taking legal action against endowment lenders - a move that could have ramifications for the industry.

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  • King was paid the endowment for 5 years until 1587 when Anthony Gate succeeded him as schoolmaster of the grammar school.

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  • The College 's main area of concern is the relative weakness of its endowment which makes it vulnerable to innumerable vicissitudes.

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  • It's important to note that Hooters has raised over $8 million for national charities through the Hooters Community Endowment Fund (HOO.C.E.F.), one of the largest corporate endowment funds in the state of Georgia.

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  • You can identify potential funding sources for arts programs in your region by searching National Assembly of State Arts Agencies and the partner listing page on the National Endowment for the Arts website.

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  • For example if the campaign is for a future endowment a name such as "Legacy for the Future Campaign" is appropriate.

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  • Knowing how to create an endowment fund is necessary for any nonprofit organization, regardless of size.

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  • An endowment fund provides security for the future of an organization and can ensure stability for years to come.

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  • It requires that the principal amount of the fund remain intact and that only the interest from the endowment fund be spent.

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  • Gifts of cash, real estate, stocks and securities are all acceptable donations to fund an endowment.

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  • Endowment funds may be invested in various instruments such as stocks or bonds and are overseen by a professional manager.

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  • Many endowment funds result from a bequest upon a death of a donor.

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  • When deciding how to create an endowment fun it is best to begin by consulting a professional financial advisor.

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  • An endowment fund can be set up with any amount of money and have funds added to it over time.

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  • Many choose to name their endowment fund a family name or as a memorial to someone who has passed away.

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  • Most board of directors are in charge of the endowment.

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  • If your organization has an auditor, they will be in charge of including the endowment in your annual audit.

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  • There are many ways to use the money from the endowment.

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  • Duke Endowment provides a means to nurture children, educate ,enrich and promote health in communities in North and South Carolina.

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  • Jewish Community Endowment meets emergency needs in the Jewish community, provides seed money for new projects and supports communal problems locally and around the world.

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  • The California Endowment provides quality health care to under served people living in California.

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  • Haiti Endowment Fund teaches and trains pastors in Haiti to spread the word to the people in their communities.

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  • If you or loved one has an invested interest in a specific cause, consider setting up an endowment to keep your legacy alive.

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  • Once you know how to create an endowment fund, the possibilities are endless.

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  • To learn how to establish an endowment fund, it is important to first understand what this fund is and who has the ability to establish it.

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  • In many situations, an endowment fund can help a charity or organization to raise necessary funds in a simplified manner.

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  • An endowment fund allows an agency to raise money one time, but to benefit from those funds raised for years to come.

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  • Any nonprofit organization should consider the benefit of establishing an endowment fund.

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  • The first step in establishing an endowment fund is raising money.

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  • In many cases, a few wealthy contributors are all it takes to get an endowment fund established financially speaking.

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  • Publicizing the endowment fund is an ideal way to solicit donations.

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  • Realize that interest rates in the marketplace affect the profitability of endowment funds.

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  • Target specific donors such as those people who give regularly for the endowment fund.

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  • Overall, once the organization learns how to establish an endowment fund, it can count on these funds long term.

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  • Determine who will manage the endowment fund.

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  • Ensure the board of directors comes together to discuss the best investment policy for the endowment fund.

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  • Hire an attorney to monitor the setting up of the actual endowment fund legal contracts.

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  • Legal wording and organization is a key to ensuring the financial protection of the endowment.

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  • Each of these aspects is critical in the establishment of the endowment.

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  • In the case of endowment and whole life insurance policies, the beneficiary receives a death benefit if the insured is injured and dies.

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  • If they fail to meet this code, the policy becomes a modified endowment contract.

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  • His chief benefaction, however, was a bequest of $400,000 for the foundation and endowment of a public library in New York City, since known as the Astor library, and since 1895 part of the New York public library.

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  • Both school and almshouse had existed before, and this was merely an additional endowment.

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