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An endowment is a financial asset, comprising donations made to nonprofit organizations, institutions, or individuals, with the stipulation that it be invested to generate income for ongoing support. The principal amount remains intact, while the investment income funds various activities, operations, or programs as specified by the donors or the institution's guidelines.
An endowment fund, a pool of strategically invested capital, produces revenue for charitable activities. Unlike conventional investments where individual investors are the beneficiaries, the recipients of endowment fund earnings are nonprofit organizations. These endowments are crucial for nonprofits, providing a stable and reliable source of income that enables them to maintain operations, support long-term initiatives, and fulfill their missions sustainably over time. Endowment funds ensure long-term financial stability, helping organizations achieve their goals and effectively serve their communities.
COMPA ENDOWMENTS:
Journal of Public Management and Social Policy (JPMSP)
Tyrone Baines COMPA Fund
Liddell Student Debate
Rutledge Fund Balance
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