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What is an Endowment?

A financial endowment is a donation of money or property to a not-for-profit organization for the ongoing support of that organization.  Usually the endowment is structured so that the principal amount is kept intact while the investment income is available for use, or part of the principal is released each year, which allows for the donation to have an impact over a longer period than if it were spent all at once.  An endowment may come with stipulations regarding its usage.

The Buckeye Education Foundation is fortunate to benefit from these generous endowments.  (current endowments)