Financial endowment facts for kids

Kids Encyclopedia Facts

A financial endowment is money given to something to be saved in an investment. This is done so that the money will make a bigger difference when it is saved up over time.

Images for kids

Marcus Aurelius, the Stoic Roman emperor who created the first endowed chair professorships
Ford Foundation Building in New York. In 2014, The Ford Foundation reported assets of US$12.4 billion and approved US$507.9 million in grants.

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Financial endowment Facts for Kids. Kiddle Encyclopedia.