"Endowment income" refers to the financial gains or earnings generated from an endowment fund. An endowment fund is a type of long-term investment account typically established by organizations or institutions (such as universities or charities) to provide sustainable financial support for their operations or specific purposes. The income earned from the investments made using the funds in the endowment is known as
endowment income. This income is often used to cover expenses, support programs, or fund projects without depleting the principal amount of the endowment fund.
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