endowment

The gift will create an endowment that will help support twenty designated nonprofits located mostly in the Ashland, Kentucky, area....

The grant will establish the W. Paul and Lucille Caudill Little Endowment for Study of the Arts, income from which will be used to provide scholarships to MSU students, primarily from Rowan or Elliot counties, who are pursuing a bachelor's degree in art,

The gifts from Steve and Sue Mandel and the Broad, Arnold, and Robertson foundations will support in perpetuity Teach for America's efforts to recruit recent college graduates to teach for two years in urban and rural public schools....

When matched over the next four years with $3 million in contributions from other sources, the grant will create a $4 million endowment for the position of chief conservator at the museum....

The gift from the Broad Foundation is the first installment of Eli and Edythe Broad's $400 million pledge to build the endowment of the genomic medicine institute, which has grown to more than a thousand scientists in only five years....

The foundation stopped accepting online requests for funding a year ago after the value of its endowment fell dramatically, but its board is expected to vote soon on whether to start accepting new proposals....

The fund, which worked to increase awareness of the effects of environmental degradation on human health, has wrapped up a decade-long, $120 million effort to spend down its endowment....

After losing most of its $14 million endowment in Bernard Madoff's multibillion-dollar Ponzi scheme, the foundation will award just two hundred scholarships this year....