Endowment fund definition

Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

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Endowment fund means the endowment fund established under Section

Endowment fund means an institutional fund, or any part thereof, not wholly expendable by the institution on a current basis under the terms of the applicable gift instrument.

Examples of Endowment fund in a sentence

Upon completion of the Project, LCHIP will transfer additional funds from the LCHIP Trust Fund to the LCHIP Community Conservation Endowment fund in compliance with the LCHIP Guidelines.
Endowment fund awards are for use by faculty for approved professional development activities and are administered by the Lake Washington Institute of Technology Foundation.
Upon completion of the Project, LCHIP will transfer $XXX from the LCHIP Trust Fund to the LCHIP Community Conservation Endowment fund.
If the Donor does not fulfill the Fund as committed, the Fund may be consolidated with the general Endowment fund.
The ▇▇ ▇▇▇▇ ▇▇▇▇ Wing Scholarships Endowment fund of $5M received from ▇▇ ▇▇▇▇ ▇▇▇▇ Wing in 2012 will provide an additional $250,000 each year in perpetuity for scholarships for UTS students to study in China and vice versa.

More Definitions of Endowment fund

Endowment fund means the endowment fund of the University established under section 37 of the Act;

Endowment fund means a fund where the principal is not normally used and only the investment income, or a portion thereof, is used.

Endowment fund means the endowment fund established under Section 53B-8a-107, which is held as a separate fund within the Utah Educational Savings Plan.

Endowment fund means an institutional fund, or any part of an institutional fund, not wholly expendable by the institution on a current basis under the terms of a gift instrument.

Endowment fund means the Michigan civilian conservation corps endowment fund created in section 12a.

Endowment fund means an institutional fund or part thereof

Endowment fund means the Michigan state parks endowment fund established in section 35a of article IX of the state constitution of 1963 and provided for in section 74119.