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"permanent endowment" refers to a sum of money or property that is given to an organization or institution with the specific condition that it is to be invested and preserved. The funds generated from this endowment are meant to support the organization's ongoing operations, projects, or causes indefinitely, ensuring its long-term sustainability.
Full definition
Synonyms for individual words can be found below.
«permanent»
«endowment»
Sentences with «permanent endowment»
- Make an online donation to this organization's permanent endowment fund at the Oklahoma City Community Foundation. (occf.org)
- This seizure is not the same as the more permanent endowment with the Spirit of Yahweh, the charismatic gift, that Saul and David experienced. (religion-online.org)
- HRA also has several permanent endowments. (humanerescuealliance.org)
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