What Does Endowment Do?
Definition of Endowment “To provide with a permanent fund or source of income.”
There are many endowed institutions in the United States .These are funded by businesses, corporations and private individuals such as yourself. Some of these are well-known universities such as John Hopkins, Yale, Brown, Cornell and the University of Southern California. Other endowed entities are museums and arts institutions such as The National Endowment For The Arts, and many of the larger American Museums. These endowments allow for free access to the arts and viewing of famous public and private collections. Endowments to schools provide scholarships […] Read more