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==Etymology==
[http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English], from Anglo-French endower, from en- + dower, douer to endow, from [[Latin]] dotare, from dot-, dos gift, dowry
*Date: [http://www.wikipedia.org/wiki/14th_Century 14th century]
==Definitions==
*1 : to furnish with an income; especially : to make a grant of [[money]] providing for the continuing [[support]] or [[maintenance]] of <endow a hospital>
*2 : to furnish with a dower
*3 : to [[provide]] with something freely or naturally <endowed with a [[good]] sense of [[humor]]>
==Description==
A [[financial]] '''endowment''' is a transfer of [[money]] or property donated to an [[institution]]. The [[total]] [[value]] of an institution's investments is often referred to as the institution's endowment and is typically [[organized]] as a [[public]] [[charity]], [[private]] [[foundation]] or [[trust]].

Among the institutions that commonly manage an endowment are: [[academic]] institutions (e.g., colleges, [[universities]], private schools), [[cultural]] institutions (e.g., museums, [[Library|libraries]], theaters, hospitals) and [[religious]] establishments.

An endowment may come with stipulations regarding its usage. In some circumstances an endowment may be required to be spent in a certain way or alternatively invested, with the principal to remain intact in perpetuity or for a defined time period. This allows for the donation to have an impact over a longer period of [[time]] than if it were spent all at once.[http://en.wikipedia.org/wiki/Financial_endowment]

[[Category: Economics]]