Sentence examples for endowment purposes from inspiring English sources

The elimination of the requirement that Duke's money be held only for endowment purposes allowed it to avoid the higher payments to bondholders, Mr. Schulfer said.

For endowment purposes, Ms. Cozzi Perullo ended up teaming with Mr. Hurwitz and Paul Weichsel, a math professor at the University of Illinois at Urbana-Champaign, who was organizing a 50th reunion for his Stuyvesant class, 1949.

They partly care because of endowment purposes -- Princeton has one of the highest giving rates among universities and the unstated assumption is they take care of their own.

Carlin left his share in Half-Safe to his old school, Guildford Grammar, as well as a sizeable endowment for the purposes of funding a scholarship.

(He is the committee's only full-time investigator, and he has a small endowment for that purpose).

A group called Harvard Students for Social Action is trying to prod the university to use its considerable wealth to help universities in the developing world, part of a growing debate over whether wealthy universities use their endowments for charitable purposes.

"If we hadn't taken this drastic measure to use the endowment, which I consider sacred, for this purpose, there would be no more Intrepid — unless someone was willing to write a check for 15, 20 million bucks".

GMG also has an endowment fund with the sole purpose to secure the editorial independence and financial security of the Guardian in perpetuity.

In New Zealand's early colonial period, between 1840 and 1852, certain provisions were made for endowments for religious and educational purposes, but education was considered, in accordance with prevailing views in England, a private or voluntary matter.

"The purpose of the endowment was to address problems that come up now and then but involve very big-ticket items," Professor Weichsel said, like renovating the robotics lab or building a DNA lab.

At a meeting in April, Ms. Keohane argued that the primary purpose of the endowment was to maximize returns, that divestiture wasn't effective and that a better way to hold fossil fuel companies accountable would be through Harvard's proxy votes as a shareholder.