Definition: What is an Endowment?

Endowments and endowment-like actions typically create or support a long-term financial asset of an organization — a fund that is intended not primarily to be spent, but to be invested.

Takeaways are critical, bite-sized resources either excerpted from our guides or written by Candid Learning for Funders using the guide's research data or themes post-publication. Attribution is given if the takeaway is a quotation.

This takeaway was derived from Providing for the Long Term.

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