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S FROM 8/29/2006 1. What is investment income and endowments?

April 26, 2017endowments income Investment

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S FROM 8/29/2006 1. What is investment income and endowments?

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• Endowments are gift funds given to the University and are restricted. The principal is never spent, but invested for interest income which is used. An example would be an endowment for a scholarship fund – The University would invest the endowment to generate interest to fund the scholarship.