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endowment
/ ɪnˈdaʊmənt /
noun
- the source of income with which an institution, etc, is endowed
- the income itself
- the act or process of endowing
- usually plural natural talents or qualities
Other Words From
- nonen·dowment noun
- reen·dowment noun
Word History and Origins
Origin of endowment1
Example Sentences
In two historic federal endowments, the EPA awarded about $910 million in grant money to Southern California to reduce smog-forming emissions from trains, trucks and cargo-moving equipment at the Port of Los Angeles.
The collection of works by L.A.-based artists, known as MAC3, has a nearly $20-million endowment for future acquisitions, storage and care of the art.
“They have changed the fortune of this orchestra,” she said, referring to the $120-million donation they made in 2002 — the largest ever to a U.S. orchestra — that funded an endowment.
Ross and the endowment didn’t invent that movement.
The foundation is also funding a $20-million endowment to provide research grants to young scientists using novel processes to advance immunotherapy research, human immunology and vaccine discovery.
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