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Keywords:
Perpetual,
Bequest,
Scholarship,
Assured,
Bestowed
Assets, property or funds bestowed upon an individual or institution for a specific...
The act of bestowing a dower, fund, or permanent provision for support.
That which is bestowed or settled on a person or an institution; property, fund, or revenue permanently appropriated to any object; as, the endowment of a church, a hospital, or a college.
That which is given or bestowed upon the person or mind; gift of nature; accomplishment; natural capacity; talents; -- usually in the plural.
Funds given with the requirement that the principal be maintained intact and invested to create a source of income for a not-for-profit organization.
A permanent fund that provides, through its dividends, a source of income for an organization. The principle is intended to remain intact, and a portion of the draw from the dividend is usually reinvested into the endowment.
An endowment policy combines savings and life assurance cover. The investment element is not guaranteed but the life assurance will pay you a fixed amount if you die during the term of the policy. back
a principal sum, permanently set aside and invested by a charity, with only the income used for charitable purposes.
a permanent fund invested to produce income, with only a portion of the investment earnings being spent. The rest of the earnings are channeled back into the fund so that the endowment grows and becomes a perpetual source of funding. Over time, a well-managed endowment grows faster than the usual rate of inflation, providing a continual source of funding
A life assurance and savings and investment policy, classically sold to back an interest-only mortgage. The key word here is "sold". No-one in their right minds would "buy" one of these overcharging and underperforming abominations these days. See With Profits Insurance and Surrender Value. Also, see Life Insurance.
The funds contributed for the creation of a CSO. Endowments are usually invested and their income is used for the operation or programs of the organization. Foundations are usually created through an initial endowment.
The transfer of money or property (usually as a gift) to a public organization for a specific purpose, such as medical research or scholarships.
A permanent fund designated for investment, from which income is drawn annually for the school's operating budget or for specific programs. Gifts to the endowment support The Blake School in perpetuity since the school uses only a fixed percentage of the total value of the fund each year.
A life insurance policy on your life tied to a lump sum payoff at the end of the term of the policy or upon the death of the policy holder.
A regular savings plan which includes an element of life cover and investment. Often used to repay a mortgage loan but can also be used as a savings plan.
life assurance policy into which you pay monthly premiums. The proceeds are free from all taxes as long as the policy conforms to all the qualifying rules. See also: with profit, unit linked, unitised with profits.
A fund usually in the form of an income-generating investment, established to provide long-term support for programs to enhance, supplement existing student services.
Money that is made available to a foundation by a donor, and is then invested so as to provide funds out of which grants are made, taxes paid, operating expenses met, and so forth.
is a permanent fund where gifts to the fund are held in perpetuity and where earnings are used in accordance with the donor's specified wishes.
Energy mutual fund Enhanced indexing
A fund set up by an institution (usually a university) to finance programs of study or professorships.
a type of life assurance policy with an investment element that has a fixed term and can be used as a mortgage repayment vehicle with an interest-only mortgage.
Guaranteed cash accumulation up to the original face amount to the policy. Most traditional whole life policies have an endowment feature that endows at age 95 or 100.
A permanent stewardship fund established to support costs of maintaining a property or defending and monitoring a conservation easement. Permanence is assured by restricting withdrawals from the principal and relying on investment income for annual cost.
An endowment policy is a life assurance policy which also helps you save. It pays you a fixed amount, plus any bonuses that may have been added, on a set date or if you die before that date. Endowments linked to mortgages are used to pay off an interest-only mortgage at the end of its term, but they cannot guarantee to do this.
refers to money donated with the intention that it be invested to generate income. The donor may require the principal remain intact for a specific period of time or in perpetuity.
Funds or property that are donated with either a temporary or permanent restriction as to the use of principal.
This is a life assurance policy where you would pay a monthly premium sometimes with critical illness protection as well. The proceeds of an endowment policy will be free from all taxes provided the policy has conformed to the qualifying rules. The insurance fund does, however, pay tax on the profits it achieves whilst the fund is growing.
A permanent fund bestowed upon an individual or institution, such as a university, museum, hospital, or foundation, to be used for a specific purpose.
A life assurance policy that is designed to produce a lump sum to pay off an interest only mortgage. There are a number of different kinds of endowment policies: 'with-profits', 'unit-linked' etc.
An endowment policy is a life assurance savings scheme which allows you to pay in a regular sum of money, usually on a monthly basis, for a fixed period of time, whilst providing you with life assurance. The money paid into the scheme can be invested in a range of different ways, including stocks and shares.
Refer to PERMANENT FUNDS.
A generic term for a variety of long term insurance and investment policies. These may be linked to a mortgage, and they are intended to produce a lump sum to pay off the capital at the end of term of an interest-only mortgage. In most cases the returns on endowments are not guaranteed and therefore this method of mortgage repayment may not be suitable for those who are cautious.
The principal amount of gifts and bequests that are accepted subject to a requirement that the principal be maintained intact and invested to create a source of income for a foundation.
A permanent fund established to support costs of a named project or easement. Permanence is assured by restricting withdrawals of principal and generally relying on investment income for support.
Money from bequests or outright gifts to the University that is invested in perpetuity to produce amounts to be distributed for pre-determined purposes according to the endowment distribution policy. Funds deposited in an endowment are not expendable; they are invested for the purpose of retaining and increasing the principal of the endowment. Distribution of earnings from the endowment coincides either with the donor's wishes or, if there is no restriction on spending the earnings, at the discretion of University leaders.
An investment product that a borrower pays into over the course of a mortgage that is designed to pay a lump sum which can then be used to repay a mortgage debt. (it also provides life cover of a certain amount). Endowments can be used alongside an interest only mortgage.
the capital that provides income for an institution
the act of endowing with a permanent source of income; "his generous endowment of the laboratory came just in the nick of time"
a bequest or gift in which the interest earned provides an income for an institution
a collection of assets invested for
a conditional gift
a contribution where the original capital donation is preserved in perpetuity
a designated amount that is invested to produce annual income in perpetuity, which is then directed toward the donor's interests
a donation that is invested, and the interest generated is used to fund a specific sport or one of the athletic programs
a donation to Billiken Athletics, which is invested and the interest generated from the principle is used to fund an athletic scholarship
a financial gift that provides an income in perpetuity for a specified use
a fund created for a specific purpose
a fund designed for the long-term support of the beneficiary
a fund donated permanently to a college , university , or other non-profit institution, in which the income earned each year is used to support
a fund established in perpetuity in that only the income it produces is used each year for the specific purposes identified by the donor
a fund established to permanently support a specific need at the university
a fund invested to provide a stable income to the University
a fund in which the original and subsequent contributions are held in perpetuity and invested to provide an ongoing stream of revenue for a nonprofit organization or organizations
a fund set aside and invested for the purpose of earning income that can then be used to provide scholarships or support for academic programs
a fund that exists in perpetuity
a fund that expends only income to support the purpose stated by the donor, while holding the principal intact
a fund that generates revenue through interest, dividends and appreciation - the principal is not touched
a fund that grows over time and distributes the interest earned as a student scholarship
a fund that is invested permanently, and appreciates over time to provide income for the continued support of an organization
a fund that is kept in perpetuity
a fund that is maintained in perpetuity, and a portion of the annual investment return is used for the purposes specified by the donor
a fund that is set aside for a specific purpose
a fund that must be invested, and only the income from these funds can be spent
a fund that the UW-Platteville Foundation maintains in perpetually
a fund where the principal is never withdrawn and spent, but invested perpetually to produce income forever for Project Wildlife
a gift asset that is invested to earn income for a specific purpose
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