Endowment Trust definition
Examples of Endowment Trust in a sentence
The Grantee may deposit up to 15 percent of the HOPE VI Grant amount (the maximum amount of the grant allowable for CSS programs) into an endowment trust to provide CSS activities (the "Endowment Trust").
The HOPE VI Endowment Trust Addendum establishes the requirements governing the establishment, operation, and management of an Endowment Trust.
Except as allowed by ▇▇▇▇▇▇’s prior written approval, Lessee shall not use the name of Lessor, including the State Board of Land Commissioners, Idaho Department of Lands, State of Idaho, or any agency thereof; or the fact that any of Lessee’s operations are conducted in whole, or in part, on State Endowment Trust Lands, in any advertisement or prospectus promoting the sale of stock.
The Choice Neighborhoods Endowment Trust Addendum establishes the requirements governing the establishment, operation, and management of an Endowment Trust.
Such notices shall be deemed to have been given if delivered by facsimile with telephone confirmation of receipt, or by overnight courier, or if mailed by first class registered or certified mail, postage prepaid, and addressed as follows (or to such other address as either party from time to time may specify in writing to the other party in accordance with this notice provision): If to the Board Board of Investors of the Oklahoma Tobacco Settlement Endowment Trust Fund ▇▇▇▇ ▇.
Endowment Trust funds (including any non-Choice Neighborhoods funds donated or otherwise made available to the Endowment Trust, and any interest earned on Choice Neighborhoods and non-Choice Neighborhoods funds) may only be used for eligible and necessary Supportive Services activities.
The Grantee may not draw down funds provided under this Grant Agreement for deposit into an Endowment Trust until it has a HUD-approved Endowment Trust plan and has executed with HUD an addendum to this Grant Agreement (the “Choice Neighborhoods Endowment Trust Addendum”), as directed by HUD.
In reviewing the amount of the Grantee’s proposed allocation of Choice Neighborhoods Grant funds to an Endowment Trust, HUD will take into account the Grantee’s demonstrated ability to pay for current Supportive Services activities with Choice Neighborhoods or other funds, and the projected long-term sustainability of the Endowment Trust to carry out such activities.
It succeeded the Episcopal Church in the Diocese of Northern California Endowment Trust.
The Inter-Regional Organisations Coordination Committee shall also form part of the structure responsible for the management of the Endowment Trust Fund established under Article 31.