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endowment

noun

en·​dow·​ment in-ˈdau̇-mənt How to pronounce endowment (audio)
en-
1
: the act or process of endowing
2
: something that is endowed
specifically : the part of an institution's income derived from donations
3
: natural capacity, power, or ability
a person of great intellectual endowment

Example Sentences

The hospital's endowment was established by a local family. The college has a large endowment. the endowment of a hospital wing
Recent Examples on the Web More law schools are following suit: In 2021, Harvard Law School's Animal Law and Policy program received a $10 million endowment. Hope Corrigan | The New York Times, The Week, 31 Aug. 2022 In honor of its late CEO, who died last year, the company's J. Willard and Alice S. Marriott Foundation is providing a $20 million endowment to create a hospitality leadership training center at Howard University, a historically Black college. Diane Herbst, Peoplemag, 31 Aug. 2022 In 1998, supporters of City formed the Triple Aught Foundation, a nonprofit that oversees the project and has built a nearly $30 million endowment for it. Ella Feldman, Smithsonian Magazine, 24 Aug. 2022 More law schools are following suit: In 2021, Harvard Law School’s Animal Law and Policy program received a $10 million endowment. BostonGlobe.com, 30 July 2022 More law schools are following suit: In 2021, Harvard Law School’s Animal Law and Policy program received a $10 million endowment. New York Times, 29 July 2022 The group killed by silence a considerable effort to make permanent its two-year suspension of its rule barring art-for-cash raids of the kind tried by the BMA and actually done by the Met, a museum flush with a $4 billion endowment. Brian T. Allen, National Review, 19 Feb. 2022 The proceeds were put toward the opera company’s once-meager endowment, which was then named for Mrs. Casey’s late husband. Harrison Smith, Washington Post, 19 Aug. 2022 Jacob’s Pillow now has an endowment to commission a new work each season. Dallas News, 19 Aug. 2021 See More

Word History

First Known Use

15th century, in the meaning defined at sense 1

Time Traveler
The first known use of endowment was in the 15th century

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