Sentence examples for endowments will be from inspiring English sources

"Endowments will be shocked at the valuations of their [private equity] portfolios," says Stewart Massey, an endowment consultant at Massey Quick.

"We cannot continue on that course," he said in a statement, "or our endowment will be depleted by 2018".

Under the new structure, which will take effect on July 1, the Washington National Opera will maintain a separate board; its endowment will be accounted for separately; and donations designated for the opera will be spent on the opera.

About 25 percent of the endowment will be dedicated to filling gaps in the collection of historic art, but around three quarters of new investments will be in contemporary art.

"It will now be the first time our endowment will be large enough so that the Whitney can maintain its commitment to living artists and to adventurous programming," he said.

The endowment will be used to build the Sean N. Parker Center for Allergy Research at Stanford, making this one of the largest private donations to allergy research in the United States.

An endowment fund will be started in his name.

Harvard's goal is based on a different time frame, to build an endowment that will be around forever.

The Perelmans' donation will establish a permanent endowment that will be used, in part, to enable the medical school to increase its financial aid budget by at least 20 percent for the class entering in 2012.

Wesleyan's student endowment, which will be created with surplus from the activity fees paid by all students, may be the first of its kind, according to university officials and higher-education experts.

Any university program dependent on endowment funds will be especially hard hit, Levin warned.