{"id":10029,"date":"2023-10-18T15:32:37","date_gmt":"2023-10-18T10:02:37","guid":{"rendered":"https:\/\/www.tickertape.in\/glossary\/?p=10029"},"modified":"2023-10-18T15:32:37","modified_gmt":"2023-10-18T10:02:37","slug":"endowment","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/glossary\/endowment\/","title":{"rendered":"Endowment &#8211; Meaning, Types, Process, Advantages and More"},"content":{"rendered":"\n<p>An endowment is a type of <a href=\"https:\/\/www.tickertape.in\/glossary\/what-is-capital-definition-of-capital-types-and-its-importance\/\">capital<\/a> structure that non-profit organisations use to raise donations and manage their expenses. Any income received from endowments offers non-profit organisations stability, enables them to make long-term plans, and covers operational and maintenance costs. Let\u2019s dive deeper into the subject to understand endowment.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_22 counter-hierarchy counter-numeric\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">You will Learn About: <\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#What-is-an-endowment\" title=\"What is an endowment?&nbsp;\">What is an endowment?&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Return-on-equity-Highlights\" title=\"Return on equity: Highlights\">Return on equity: Highlights<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Types-of-endowments\" title=\"Types of endowments&nbsp;&nbsp;\">Types of endowments&nbsp;&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#How-do-endowments-work\" title=\"How do endowments work?\">How do endowments work?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Requirements-for-endowments\" title=\"Requirements for endowments&nbsp;\">Requirements for endowments&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Advantages-of-endowments\" title=\"Advantages of endowments\">Advantages of endowments<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Disadvantages-of-endowments\" title=\"Disadvantages of endowments\">Disadvantages of endowments<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Example-of-endowments\" title=\"Example of endowments&nbsp;\">Example of endowments&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Breakdown-of-policies-of-endowments\" title=\"Breakdown of policies of endowments\">Breakdown of policies of endowments<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/glossary\/endowment\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-is-an-endowment\"><\/span><strong>What is an endowment?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/Yk9XRg419w0\/maxresdefault.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.youtube.com\/@TexasAMFoundation\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Texas A&amp;M Foundation<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>The term endowment meaning can be defined as a donation of either cash or property to non-profit organisations that utilises the earnings received for a certain purpose. It is a type of <a href=\"https:\/\/www.tickertape.in\/glossary\/investment-meaning-types-how-to-invest-and-savings-vs-investments\/\">investment<\/a> capital and is required to be directed towards the organisation\u2019s specific objectives.&nbsp;<\/p>\n\n\n\n<p>An endowment fund is a structure that large non-profit organisations like museums, hospitals, and universities leverage to raise donation income to fund their administrative costs on an ongoing basis. Endowment funds allow non-profits to manage a portfolio of financial assets through which investment returns can be produced. These returns are then leveraged to fund the operations of the non-profit.&nbsp;<\/p>\n\n\n\n<p>The pool of capital is continuously strengthened with additional funds and earnings generated through new donations and reinvested returns. It\u2019s important to note that the principal capital remains unwithdrawn from an endowment fund, and only the investment returns are utilised for operational reasons.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-37fca231\"><h2 class=\"uagb-heading-text\"><span class=\"ez-toc-section\" id=\"Return-on-equity-Highlights\"><\/span>Return on equity: Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2><\/div>\n\n\n\n<ul>\n<li>Endowment funds are an investment type held by non-profit organisations like hospitals, universities, museums, churches, universities, and other charities.<\/li>\n\n\n\n<li>The objective of an endowment fund is to garner investment profits by investing the donated money. Some of the investment earnings are used for operations, and the remaining are reinvested.&nbsp;<\/li>\n\n\n\n<li>There are three main kinds of endowment funds: term endowments, true endowments, and quasi-endowments.\u00a0<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Types-of-endowments\"><\/span><strong>Types of endowments&nbsp;&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/s3.ap-south-1.amazonaws.com\/healthinsurances3.com\/prod\/imagegallery\/What-Are-The-Aspects-Of-An-Endowment-Policy.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.insurancedekho.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">InsuranceDekho<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>There are mainly three types of endowments, the details of which are listed below:<\/p>\n\n\n\n<ol>\n<li><strong>Term <\/strong><strong>endowment<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Like other endowment funds, a term endowment is not everlasting. It\u2019s structured for a specific time, like a fixed number of years, or till an event like the demise of the donor. Once the endowment term expires, the principal amount can be used for administrative and other expenses.&nbsp;<\/p>\n\n\n\n<ol start=\"2\">\n<li><strong>True <\/strong><strong>endowment<\/strong><\/li>\n<\/ol>\n\n\n\n<p>When a donor extends funds to the endowment, it\u2019s stated that they are to be kept perpetually. In fact, true endowments typically involve a legally-binding written agreement stating this term.&nbsp;<\/p>\n\n\n\n<p><em>You may also like our article on \u2018Investments\u2019. Read more on the Tickertape blog.&nbsp;<\/em><\/p>\n\n\n\n<ol start=\"3\">\n<li><strong>Quasi-endowment<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The BODs of an endowment fund<strong> <\/strong>may authorise the use of reserve funds, financial windfalls, or unrestricted gifts. These additions are characterised as quasi-endowments.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How-do-endowments-work\"><\/span><strong>How do endowments work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/thumbs.dreamstime.com\/b\/man-thinking-dreaming-has-many-ideas-looking-up-portrait-handsome-isolated-grey-wall-background-positive-human-face-expression-51375264.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Dreamstime<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>Endowment funds are structured in a way that withdrawing, reinvesting, or using capital requires the recipient to follow predetermined guidelines. The good part is the principal amount of the donation stays intact. Meanwhile, earnings from the investment help manage operational expenses and keep the organisation running.&nbsp;<\/p>\n\n\n\n<p><strong><em>Note:<\/em><\/strong><em> In cases where large donations are received, they are structured differently so that only a certain portion of funds can be used after a stipulated period.&nbsp;<\/em><\/p>\n\n\n\n<p>By withholding the release of money from the endowment fund, the managers can leverage the capital, which in turn helps to improve the organisation\u2019s income and expenses.&nbsp;<\/p>\n\n\n\n<p>In fact, endowment funds<strong> <\/strong>are often controlled with specific guidelines dictated by the donor(s). This makes it essential for a non-profit to hire a fund manager to help deploy funds as per long-term investment goals. Since these non-profits mostly thrive on endowments, it\u2019s important that these funds get managed in a way that the capital keeps growing and funding the organisation\u2019s expenses.\u00a0<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Requirements-for-endowments\"><\/span><strong>Requirements for <\/strong><strong>endowment<\/strong><strong>s&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fund managers handling endowments need to deal with the push and pull of interests to leverage the investment assets to grow their respective institution, organisation, foundation, or university.&nbsp;<\/p>\n\n\n\n<p>The aim is to sustainably grow the funds by reinvesting the endowment\u2019s income while simultaneously dedicating funds towards the <a href=\"https:\/\/www.tickertape.in\/glossary\/operating-costs\/\">operating costs<\/a> of the organisation and its goals.&nbsp;<\/p>\n\n\n\n<p>The outline of requirements compiled by the management team involves setting objectives, creating a payout policy, selecting managers, building an asset allocation policy, managing risks systematically, cutting down on expenses, and defining responsibilities.&nbsp;<\/p>\n\n\n\n<p>Most importantly, private non-operating foundations are needed to pay out 5% of their investment earnings on their endowments each year for charitable reasons to maintain their tax-exempt status. On the other hand, private operating foundations are required to pay a whole or about 85% of their investment income.\u00a0<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Advantages-of-endowments\"><\/span><strong>Advantages of endowments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.policybachat.com\/ArticlesImages\/884.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.policybachat.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">PolicyBachat<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>Below, find a list of benefits of endowment plans:<\/p>\n\n\n\n<ul>\n<li>Offers insurance coverage<\/li>\n\n\n\n<li>Pays out an assured sum<\/li>\n\n\n\n<li>Low-risk&nbsp;<\/li>\n\n\n\n<li>Helps plan long-term saving&nbsp;<\/li>\n\n\n\n<li>Additional bonuses<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Disadvantages-of-endowments\"><\/span><strong>Disadvantages of <\/strong><strong>endowment<\/strong><strong>s<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Below are some of the disadvantages of the endowment plan:<\/p>\n\n\n\n<ul>\n<li>The protection offered by an endowment plan is for a limited period.<\/li>\n\n\n\n<li>The premium payable is higher than that of term insurance.<\/li>\n\n\n\n<li>These policies do not offer convertibility or renewability options that are typically available in term insurance plans.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Example-of-endowments\"><\/span><strong>Example of endowments&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A good example of an endowment fund can be a scholarship fund\/ sports fund set up in the name of a deceased person through a trust or non-profit organisation.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Breakdown-of-policies-of-endowments\"><\/span><strong>Breakdown of policies of <\/strong><strong>endowment<\/strong><strong>s<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Endowment funds<strong> <\/strong>are administered by guidelines that outline how their assets can be used. If the non-profit organisation violates the terms in this guiding document, it could experience legal problems.<\/p>\n\n\n\n<ul>\n<li><strong>Investment policy<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The investment policy emphasises why it exists and how it must be managed. This policy document encompasses details like the fund\u2019s investment goals, terms for allocating and reinvesting, recommendations for portfolio monitoring, and benchmarks for assessing performance.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Fund agreement<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The fund agreement is a legally binding document created by the donor that states how the organisation can withdraw and spend the fund\u2019s budget. The non-profit is not allowed to use the fund for other reasons unless the donor agrees.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Endowment<\/strong><strong> spending policy<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The spending policy highlights what investment earnings can be spent annually. For many years now, most endowments have adhered to the 5% payout rule on average, which can even go up to 7%.\u00a0<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>With countless investment options available in the market, it has become difficult to identify where and how to invest funds to garner maximum outputs in the future. Endowment funds prove to be a great option as it not only provides coverage for a lifetime but also give a financial goal for the long term.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-1707a947 uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height\" data-faqtoggle=\"true\" role=\"tablist\">\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-d1f5817f\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>Who can buy an endowment policy?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">An endowment fund is beneficial to any individual who is the primary or secondary source of income for the family. Anyone with a regular income and future responsibilities can consider buying an endowment fund<strong>.<\/strong><\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-2e07ce35\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What are some of the features of an endowment policy?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The main features of an endowment policy include death\/survival benefits, premium payment frequency, high returns, flexibility, and tax benefits.<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-ea1c69ee\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>When is a good time to buy an endowment plan?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The endowment policy offers benefits at every age, but specifically more if purchased at an early age. A good time to buy an endowment plan can be your 20s or 30s, as this is when you have fewer responsibilities and premiums can be paid easily. Moreover, the premium charges are also low at a young age since the risk of diseases\/death is minimal.<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Endowment is donations to non-profit organisations or trusts that can be utilised to manage operational expenses. Read more to understand the meaning of endowment in detail, its types and how endowments work in India.<\/p>\n","protected":false},"author":90,"featured_media":10030,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[1929],"jetpack_featured_media_url":"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1.png","uagb_featured_image_src":{"full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1.png",2086,1086,false],"thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-150x150.png",150,150,true],"medium":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-300x156.png",300,156,true],"medium_large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1.png",768,400,false],"large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-1024x533.png",770,401,true],"1536x1536":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-1536x800.png",1536,800,true],"2048x2048":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-2048x1066.png",2048,1066,true],"authorship-box-avatar":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-150x150.png",150,150,true],"authorship-box-related":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-70x70.png",70,70,true],"post-thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-270x180.png",270,180,true],"contentberg-main":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-770x515.png",770,515,true],"contentberg-main-full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-1170x508.png",1170,508,true],"contentberg-slider-stylish":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-900x515.png",900,515,true],"contentberg-slider-carousel":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-370x370.png",370,370,true],"contentberg-slider-grid-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-554x466.png",554,466,true],"contentberg-slider-grid-b-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-306x466.png",306,466,true],"contentberg-slider-bold-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-150x150.png",150,150,true],"contentberg-grid":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-370x245.png",370,245,true],"contentberg-list":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-260x200.png",260,200,true],"contentberg-list-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-370x305.png",370,305,true],"contentberg-thumb":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-87x67.png",87,67,true],"contentberg-thumb-alt":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/02\/01-1-150x150.png",150,150,true]},"uagb_author_info":{"display_name":"Anjali Chourasiya","author_link":""},"uagb_comment_info":224,"uagb_excerpt":"Endowment is donations to non-profit organisations or trusts that can be utilised to manage operational expenses. Read more to understand the meaning of endowment in detail, its types and how endowments work in India.","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10029"}],"collection":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/comments?post=10029"}],"version-history":[{"count":3,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10029\/revisions"}],"predecessor-version":[{"id":10675,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10029\/revisions\/10675"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media\/10030"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media?parent=10029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/categories?post=10029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/tags?post=10029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}