Nonprofit Finance

2 words in this vocabulary list

noun the income or property with which a person or institution is endowed

  • The university received a generous endowment from a wealthy donor.
  • The charity got a big donation from a rich person.
  • The school scored a fat stack of cash from a baller benefactor.
  • Her intelligence was like a natural endowment, a gift that kept on giving.

noun a sum of money saved or made available for a particular purpose

  • The organization is currently seeking additional funds to support their new project.
  • I need to check my funds before deciding to go on a shopping spree.
  • I'm low on funds this month, so I can't afford to eat out.
  • His emotional funds were depleted after dealing with the loss of his pet.