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) useddisbursed to support specificspecific programs or projects, often based on Donordonor 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

  • Modell Scholarship in Jazz Studies Maude Nicholson Music Scholarship Fund O’Malley-Pugh Endowment FundWilber Pursley Endowed Scholarship in MusicDiane Ragains Slawin Endowed Fund in Vocal Music Lester K.

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

  • Kroepsch Endowed Fund for one or more annual awards to members of the faculty "in recognition of outstanding performance as a teacher during the previous twelve-month period." Kroepsch Award winners from the previous five years are not eligible.The award carries a stipend to the faculty recipient, which is subject to taxation and withholding.The dean of the faculty shall be responsible for inviting all students and alumni from the past five years to write letters of nomination for the award.

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

  • Endowed Fund: Gifts totaling $100,000.00 or more may endow a fund from which a named award can be given annually (or at another specified interval) in perpetuity.

  • THE UPDATED GRANT AND LOAN GUIDE FOR LOCAL GOVERNMENTS IN WEST ALABAMA IS AVAILABLE ONLINE NOW! 77Healthcare 77Alabama Additional Funding Sources 78Community Foundations in Alabama 78Daniel Foundation 78Alabama Power Foundation 78Alabama Humanities Foundation 78Gwyn Turner Endowed Fund 78Sybil H.

  • The David Pendray Memorial Endowed Fund was established to support patient services.

  • 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.

  • The Pearmain Endowed Fund was established to fund the purchase of equipment for ALS patients.Prior to retirement, Jean Pearmain was a Neurological Nurse.

  • With an Endowed Fund, only the income from the contribution is distributed to charities, enabling the fund to continue in perpetuity.

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).

  • New Fund means each of the series portfolios of the Trust, one of which shall correspond to one of the Current Funds as shown on Schedule A.

  • 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;

  • 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).

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

  • 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.

  • 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.

  • 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 specified Person, a private equity investment fund that is an Affiliate of such Person or that is advised by the same investment adviser as such Person or by an Affiliate of such investment adviser.

  • Controlled Disbursement Account means any account 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.