Endowment
(noun)
- A gift of money or property donated to a person, organization or institution for a specific purpose.
- A natural ability or quality that someone or something possesses.
- A financial fund established to support an institution or organization on an ongoing basis.
Origin:
From middle english endowment, from old french endowment, from endovoir ("to endow"), from en- ("in") + doter ("to endow"), from latin dotare ("to endow").
Examples:
- The university received a large endowment from a wealthy donor to support its research programs.
- Her endowment as a singer was a powerful voice and an amazing range.
- The endowment fund provides annual support for the museum's operations and programs.
- The school's endowment allowed it to offer scholarships to deserving students.
- His endowment as a leader was his ability to inspire and motivate others.