Endowed Fund definition

Endowed Fund means a fund that, under the terms of the fund agreement or other gift instrument (such as a will or a trust), is not wholly expendable by BCF on a current basis.
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Endowed Fund means a principal or capital sum and subsequent capital contributions, set aside permanently and invested by the University with only the income (all or a portion thereof) disbursed to support specific programs or projects, often based on donor direction in accordance with the Endowment Fund Agreement or terms of reference for the Endowed Fund.
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Endowed Fund. I would like CFU to create an unrestricted endowed fund. Endowed funds provide sustainable support and transformational impact over the long term. Grants are made mainly out of investment income. However, CFU’s Board reserves the right to spend the principal in special circumstances outlined in the Investment Policy.
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Examples of Endowed Fund in a sentence

  • Glancy Endowed Fund in excess of $7,000 per year to support television and radio programming needs.

  • In the case of an Endowed Fund established by a donor, by direction of the donor and approval by the Foundation’s Board of Directors or by the sole determination of the Foundation’s Board of Directors.

  • The Library signed an “Agency Endowed Fund Agreement” for $170,000 and an “Agency Permanent Endowed Fund Agreement” for $10,000 with the Foundation.

  • In the case of an Endowed Fund established by the beneficiary agency, by vote of its Board of Directors and approval by the Foundation’s Board of Directors.

  • The Endowment would “have lasting impact,” would “outlive every 12-month period.” Start out by attempting to target three-year pledges to endowment (to support strategic priorities), while Annual Fund letter would be largely the same as it has been: Endowed Fund* Annual (General) FundX- Strategic Priorities Professional SupportX- Ham AwardsX- Peterson PrizesScholarships* 3-year ask.

  • Andrew and Kathleen Eisen Endowed Fund was established on April 9, 2013 to support ALS patient services.

  • THE UPDATED GRANT AND LOAN GUIDE FOR LOCAL GOVERNMENTS IN WEST ALABAMA IS AVAILABLE ONLINE NOW! 85Healthcare 85Alabama Additional Funding Sources 86Community Foundations in Alabama 86Daniel Foundation 86Alabama Power Foundation 86Alabama Humanities Foundation 86Gwyn Turner Endowed Fund 86Sybil H.

  • Nonprofits establishing an Endowed Fund may choose how the Fund will be invested initially, and the Primary Fund Representative may change the investment recommendation on an annual basis in December.

  • Hindsley Endowed Fund for Symphonic Band Historical Performance Institute Fund Ernest Hoffzimmer Scholarship Leonard Hokanson Chamber Music Scholarship Georgia Wash Holbeck Fellowship Julian Hook Music Fund Julian Hook Music Theory Fund William S.

  • An Endowed Fund, as a permanent Fund, cannot be closed; however, it may be transferred to The Community Foundation’s discretionary Fund for Greater Washington Endowment.

Related to Endowed Fund

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Managed Fund means those Funds, individually and collectively, for which the Portfolio Manager makes buy and sell decisions.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Pooled fund group means an internally created fund of a district in which one or more institutional accounts of a district are in- vested.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Collected Funds means, with respect to any Collection Period, the amount of funds in the Collection Account representing collections on the Receivables during such Collection Period, including all Net Liquidation Proceeds collected during such Collection Period (but excluding any Purchase Amounts).

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Insurance Fund means the pest control insurance fund established pursuant to this compact.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Escrow Cash is defined in Section 4.1(a).

  • Retirement fund means the "Washington law enforcement

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Future Regulated Fund means a closed-end management investment company (a) that is registered under the Act or has elected to be regulated as a BDC, (b) whose investment adviser (and sub-adviser(s), if any) are an Adviser, and (c) that intends to participate in the Co-Investment Program.

  • Member Account means the regular account and the variable account.

  • Segregated funds means the amount of benefits that would

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

  • Affiliated Fund means with respect to any Investors, each corporation, trust, limited liability company, general or limited partnership or other entity under common control with that Investor (including any such entity with the same general partner or principal investment advisor as that Investor or with a general partner or principal investment advisor that is an Affiliate of the general partner or principal investment advisor of that Investor).

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.