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An endowment fund is an investment fund established by a foundation that makes consistent withdrawals from invested capital. The capital in endowment funds, often used by universities, nonprofit organizations, churches and hospitals, is generally utilized for specific needs or to further a company’s operatingOriginal toplevel document
Endowment Fund
<span>What is an 'Endowment Fund'
An endowment fund is an investment fund established by a foundation that makes consistent withdrawals from invested capital. The capital in endowment funds, often used by universities, nonprofit organizations, churches and hospitals, is generally utilized for specific needs or to further a company’s operating process. Endowment funds are typically funded entirely by donations that are deductible for the donors.
BREAKING DOWN 'Endowment Fund'
Financial endowments are typically structured so the principal amount invested remains intact, while investment incomeSummary
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