![]() ![]() The endowment helps those who receive it to follow the Savior as they strive for “the measure of the stature of the fulness of Christ” ( Ephesians 4:13), “relying wholly upon the merits of him who is mighty to save” ( 2 Nephi 31:19). ![]() It teaches about the Creation of the earth, the Fall of Adam and Eve, the plan of redemption through Jesus Christ, and our own journey back to the presence of God. The endowment provides instruction, covenants, and promised blessings that offer power, purpose, and protection in daily life. It is available to adult Church members who are prepared for this sacred experience. They have got an endowment, right? they can use their endowed funds – they don’t need public funds – to fund studies.The endowment is a religious ceremony administered in temples of The Church of Jesus Christ of Latter-day Saints. They are husbands, fathers, sons, and brothers. Lives which hold inherent dignity endowed by our Creator, they are neither a mere statistic nor collateral damage in the world's attempt to curtail Iran's nuclear development. ![]() The beautiful vagabonds, endowed with every grace, masters of all climes, and knowing no bounds - how many human aspirations are realised in their free, holiday-lives - and how many suggestions to the poet in their flight and song A bird seems to be at the top of the scale, so vehement and intense his life. The very idea of a bird is a symbol and a suggestion to the poet. The flagship of the Gozitan touristic sites has sunk in its same birth place from where for thousands of years, it stood high and proud heralding one of the natural beauties our little island is endowed with. Today Gozo Island has lost one of its iconic beauties, the inevitable and the much feared has happened. The Bill and Melinda Gates Foundation is one of the wealthiest private foundations as of 2019 with endowment of $46.8 billion as of December 31, 2018.Įvery life is sacred, every human person is endowed with an inalienable dignity, and society can only benefit from the rehabilitation of those convicted of crimes. Harvard University's endowment (valued at $53.2 billion as of June 2021) is the largest academic endowment in the world. Private endowments are some of the wealthiest entities in the world, notably private higher education endowments. Institutions that commonly manage endowments include academic institutions (e.g., colleges, universities, and private schools) cultural institutions (e.g., museums, libraries, and theaters) service organizations (e.g., hospitals, retirement homes the Red Cross) and religious organizations (e.g., churches, synagogues, mosques). In some jurisdictions, it is common for endowed funds to be established as a trust independent of the organizations and the causes the endowment is meant to serve. Endowments are often structured so that the inflation-adjusted principal or "corpus" value is kept intact, while a portion of the fund can be (and in some cases must be) spent each year, utilizing a prudent spending policy.Įndowments are often governed and managed either as a nonprofit corporation, a charitable foundation, or a private foundation that, while serving a good cause, might not qualify as a public charity. Wikipedia Rate this definition: 0.0 / 0 votesĪ financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. ![]()
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