Question

Hii, once again please answer this question from class 10
What were endowments?
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Answer 1

Answer:

An endowment is a donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose. ... Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts.

Explanation:It is an donation to a non-profit organization which uses the resulting investment income for a specific purpose.

Answer 2

Why...what happen sis!?

Just asking as a friend ☺️