What is Endowment Fund?

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Endowment fund receipt is traded as-
Posted by:
Mir Mujtaba Ali
25-February-2015

Accounting Auditing Financial Management Finance Accounting and Finance

Question added by Umair Shoukat , Finance & Accounts Officer , USAID | NEDPG Project, Semiotics Consultants
Date Posted: 2017/06/02

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by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

It is Fund created when a donor or board of trustees specify that a gift is to be invested and only the income earned from the investment or gift may be spent for a specific purpose.

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