Examples from the Web for endowment
The fund would then disburse the money based on a formula, providing regular payments until the endowment is exhausted.One National Compassion Fund for All of America’s Tragedies|David Freedlander|March 23, 2013|DAILY BEAST
And though Harvard has a $30.7 billion endowment, “there is no endowment dedicated to providing mental health services.”Mental-Health Breakdown: When Harvard Fails Its Students|Eliza Shapiro|March 18, 2013|DAILY BEAST
She believes that with a $1.8 billion endowment behind it, the university can well afford to pay restitution for their failures.
And he discussed some recent and very real troubles, as its endowment was whittled down.Museums Are About the Art, Not Racking Up Big Numbers on Crowds and Revenue|Blake Gopnik|July 9, 2012|DAILY BEAST
Harvard, for instance, reported a 2011 endowment of $31.7 billion—up from $25.5 billion in 2005.Student Loan Subsidies Benefit Elites at Taxpayers’ Expense|Michael Medved|April 29, 2012|DAILY BEAST
The church has no endowment, and the clergy are maintained and the expenses met out of the pew-rents and offertories.The Church Index|William Pepperell
When we closed the Endowment House many of the people of the north came to us crying.Wilford Woodruff|Matthias F. Cowley
Few men of my culture and endowment will do this dangerous and disagreeable work.The Victim|Thomas Dixon
Then it meant the endowment funds, next the priests, and then the church or chapel itself.
In the nature of the case it was really impossible that the original sense of endowment with "the Spirit" should survive.The Making of the New Testament|Benjamin W. Bacon
British Dictionary definitions for endowment
- the source of income with which an institution, etc, is endowed
- the income itself