endowment fund

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Definitions from WordNet

Noun endowment fund has 1 sense

endowment, endowment fund - the capital that provides income for an institution
--₁ is a kind of capital
--₁ has particulars: patrimony; chantry

Definitions from the Web

Endowment Fund

Noun:

1. A type of investment fund established by an organization or institution, typically a non-profit, to provide a permanent source of income.

Example: The university's endowment fund helps support scholarships and various academic programs.

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Adjective:

1. Pertaining to or associated with an endowment fund.

Example: The endowment fund committee oversees the disbursement of grants to eligible projects.

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