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.