Accountancy, asked by Anonymous, 1 month ago

give the meaning of endowment fund?​

Answers

Answered by harelyquinn
6

An endowment fund is an investment fund established by a foundation that makes consistent withdrawals from invested capital. The capital or money in endowment funds is often used by universities, nonprofit organizations, churches, and hospitals.

Answered by DevillHeart
11

Answer:

an endowment fund is an investment fund established by a foundation that makes consistent with drawal from invested capital. the capital or money in endowment fund is often used by universities , non profit organization, churches and hospitals

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