Sentence examples similar to endowment project from inspiring English sources

At a board meeting early this month, the orchestra, which has an annual budget of $60 million and a $168 million endowment, projected deficits of $1.3 million this year and $2 million in 2002.

("Art Works" is the official slogan of the endowment's project).

The New York City Ballet announced a campaign yesterday to raise $51.5 million for a general endowment and for projects including a training institute for choreographers.

In February it announced a projected $1.8 million accumulated deficit for the 2003 and 2004 fiscal years, mainly as a result of the impact on projected endowment income of a decline in the stock market.

She says she will likely apply part of her endowment to several projects that have been on hold.

This batch of project endowments is the first from a €150 million ($167 million) fund the company announced last year.

Bill Gates' $28.8 billion foundation is more than double the size of the runner-up, the $11 billion Lilly Endowment, and the projects it has taken on are supersize.

The capital campaign for the project — including endowment — is expected to be between $130 million and $150 million.

"We have no intention of using endowment money for the project," Lincoln Center's president, Reynold Levy, said yesterday.

He has defended the decision to not finance the project with endowment money, saying it should be preserved as a source of investment income to support smaller-scale projects.

About $13 million has been raised through private donors, although a portion is earmarked for endowment and other capital projects.