An endowment is a financial asset, typically donated funds, invested to generate ongoing income. Organizations like universities, museums, and nonprofits use the earnings to support scholarships, research, or operations permanently. Beneficiaries include students, researchers, and the public, who gain sustained resources without depleting the principal, ensuring long-term stability and growth.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends