Real Estate Glossary

Endowment

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Written by Kevin Coulston

This is a fund comprised of bequests and gifts. Endowments are subject to a requirement that the principal is kept intact and invested so as to create a source of income for an individual or organization. An example of this is an educational institution with endowments to fund scholarships, research, and other activities.

This is a fund comprised of bequests and gifts. Endowments are subject to a requirement that the principal is kept intact and invested so as to create a source of income for an individual or organization. An example of this is an educational institution with endowments to fund scholarships, research, and other activities.

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Kevin Coulston

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