Term Endowment: if a donor were to contribute to give certain amount of money with instructions to invest for certain amount of period and then released, then this would be term endowment Permanent Endowment: permanently restricted contributions for endowments and for plant and museum collections that are intended to be maintained permanently. Quasi Endowment: If a donor gave certain amount of money as an unrestricted gift, but the institution's governing board decided to create an endowment, this would be quasi endowment and it would unrestricted.
Term Endowment: if a donor were to contribute to give certain amount of money with instructions to invest for certain amount of period and then released, then this would be term endowment
ReplyDeletePermanent Endowment: permanently restricted contributions for endowments and for plant and museum collections that are intended to be maintained permanently.
Quasi Endowment: If a donor gave certain amount of money as an unrestricted gift, but the institution's governing board decided to create an endowment, this would be quasi endowment and it would unrestricted.