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The part of the sentence "endowment is" is correct and usable in written English
You can use it when referring to a donation or gift of money or property to a person, organization, or institution. For example, "The university's endowment is worth millions of dollars."
Exact(60)
The Houston museum's endowment is $1 billion.
HBS's endowment is about $2.1 billion.
And the endowment is growing.
Portsmouth's supreme natural endowment is water.
Berkeley's endowment is roughly $3 billion.
Its endowment is also about $4 billion.
(Harvard's endowment is nearly $20 billion).
Harvard Law School's endowment is now $840 million.
Its endowment is also bigger -- about $350 million.
"Look, Stanford's education endowment is an unfair advantage," he says.
A universal endowment is a badge of citizenship.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com