Endowment definition

Endowment means the Tobacco Indemnification and Community Revitalization Endowment

Endowment means the Duke Endowment, a charitable common law trust established by Xxxxx X. Xxxx by Indenture dated December 11, 1924.

Endowment means the Virginia Tobacco Settlement Foundation Endowment established pursuant to

Examples of Endowment in a sentence

• Endowment Fund contributions are reported as direct increases in net assets.

• Endowment agreements must follow the requirements outlined in BPM E-22-1.

• Increase the corpus in the INWCF Endowment Fund by $1,000 each year over the next 5 years by conducting fund-raising efforts with a long-range goal of ultimately having the interest generated from this account increase to the point it covers anticipated expenses of ongoing maintenance of the Fairfield Cemetery.

• We are grateful to all, and especially to Lilly Endowment Inc., whose grant to the College to fund the Center of Inquiry in the Liberal Arts helped begin this community Celebration.

• Endowment donations are to be held and invested as a permanent endowment for a period of no less than 10 years.

More Definitions of Endowment

Endowment means a collection of funds, typically invested in long-term assets that produce income for an organization. Generally, the endowed asset is kept intact, and a portion of the income generated by it is used by the organization for operational costs.

Endowment means a fund with a total corpus (market) value of at least $600,000. Consisting of a minimum of $360,000 in local match and $240,000 State Matching Share.

Endowment means the National Endowment for the Arts.

Endowment means the property of a foundation;

Endowment means a non-refundable payment that each family pays to the College prior to the first child attending. Components of the endowment contribution are directed towards a range of programs, including building works, upgrading of facilities and technology infrastructure. It is a condition of entry that the endowment contribution of $800 is paid prior to entry, students entering Years 10 – 12 who have no other siblings joining the College, will pay a pro-rata endowment amount: • Year 10 entry, $600 • Year 11 entry, $400 • Year 12 entry, $200 Enrolment Confirmation Deposit (ECD) means the amount paid to accept an offer of place. To confirm acceptance of place, subject to interview with the Campus Principal or delegate, an Enrolment Confirmation Deposit of $1000 is required for entry to the Early Years’ Discovery Program through to Year 12. Enrolment Confirmation Deposit – Child Care (Seedling Program) An Enrolment Confirmation Deposit (ECD) of $500 must be paid to accept an offer of place in the Seedling Program. This amount is credited to tuition fees when the Student starts Prep. If a family declines an offer of place in the Discovery Program at Beaconhills the ECD of $500 will be credited to their final account. For families who continue from Seedling to Discovery, a second ECD payment of $500 is required in the June before moving into the Discovery Program. Student means the Student named in the Acceptance of Offer.

Endowment means the total unrestricted assets whose principal is nonexpendable and is held to the benefit of the college and invested to provide earnings for institutional use as reported within a college's independently audited financial statements as submitted to the dormitory authority. Such total shall exclude assets whose principal supports employee annuity or pension costs, or assets whose purpose is restricted to the support of the current operations of the college.

Endowment means the Higher Education Student Success Endowment created in Section 53B-7-802.