Endowment gift definition

Endowment gift means an irrevocable contribution to a permanent endowment held by an endow Iowa qualified community foundation.
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Endowment gift means an irrevocable gift or transfer to a Wyoming public library foundation of money or other property, whether real, personal, tangible or intangible, and whether or not the donor or transferor retains an interest in the property, where the gift of the foundation's interest in the property is required to be used by the foundation exclusively for endowment purposes, where:
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Endowment gift means an irrevocable contribution to a
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Examples of Endowment gift in a sentence

  • Endowment gift requirements to name an entire college, school, or other prominent institutional program or unit will be determined on an individual basis, but the following will serve as guidelines.

  • Through her Endowment gift, Carol’s legacy will be a lasting one.

  • The donor must specify in writing the intention that the donation, or the proceeds thereof, be added to the Endowment, and, in the case of a Restricted Purpose Endowment gift, must also specify the special purpose.

  • In the 2015-2016 League Year, the floor was increased to $1,000,000 in order for earnings to sustain general and administrative expenses.Q: Do I need to sign an endowment agreement or meet a minimum gift level if I want to give to an existing endowment?A:No. You can make a gift of any size to the existing endowment fund without signing an endowment agreement.Your Endowment gift will help the Junior League of Corpus Christi, Inc.

  • Ongoing: Manton Endowment gift was obtained in 2009 and income has been used to purchase equipment and pay staff salaries.

  • Endowment gift funds and their related endowment income funds are very seldom closed.

  • However, education and the provision of informational materials is encouraged and shall be provided to the prospective donor to aid in making an informed decision concerning their Endowment gift.

  • Any Donor Designated or Synod Designated Endowment gift that places restrictions upon the particular use for the income derived from investing the principal.

  • All such reinvestment is subject to the same donor terms as the original Endowment gift, and is restricted per internal reporting definitions if the donor terms specify a particular purpose.

  • Any Donor Designated or Board Designated Endowment gift that places restrictions upon the particular use for the income derived from investing the principal.


More Definitions of Endowment gift

Endowment gift means a gift that requires the corpus of the gift to be held in perpetuity, and permits the expenditure of a portion of the investment return on the corpus.
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Endowment gift means an irrevocable contribution to a permanent endowment held by a qualified community foundation.
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Endowment gift means an irrevocable gift or transfer to a Wyoming critical access or rural hospital foundation of money or other property, whether real, personal,
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Endowment gift means an irrevocable contribution, made in cash or stock, to a permanent endowment fund held by a qualified community foundation.
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Endowment gift means an irrevocable
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Related to Endowment gift

  • 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.