Endowment Fund - Overview, How It Works, Types
https://corporatefinanceinstitute.com/resources/wealth-management/endowment-fund/
WEBSummary. Endowment funds are established to fund nonprofit organizations and activities, including universities, hospitals, and charities. They are typically structured with intact principals and investment income available for use. Term endowment, restricted and unrestricted endowment, and quasi-endowment funds are some types of endowment …
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