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The Lighthouse prefers to maintain the endowment at three times its annual budget, so revenues are a tad short.
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Economic analysts have sometimes defined the concept in terms of nondeclining per capita income flows over time and debated how to maintain the capital endowments needed to sustain those income flows.
Mrs. Stewart had set aside an endowment to maintain the cathedral, but the size of the fund varies in different historical accounts.
The trusts pay income to the Kauffmans while they are living, with the principal going after their death to the college as an endowment to maintain the property.
*David and Libby Savner's $1 million donation will aid in the construction of a classroom for technology-based instruction as well as an endowment to maintain the classroom.
Sinking into deficit, Barnes administrators are scrambling for $85 million in new endowments to maintain the collection, along with the Barnes art school and arboretum and Ker-Feal, a 137-acre farm-museum in Chester Hills stocked with 18th-century furniture and art pieces.
The Rockwell Group has raised an endowment fund to maintain the playground.
What has to be asked is, can you get endowment money to maintain the house?
In addition, the constitutional committee has agreed to create several independent governmental institutions, including a central bank and religious endowments authorized to maintain the country's religious centers.
The FAO and the Consultative Group on International Agricultural Research an international network of public research centres that holds roughly 10% of the world's plant deposits—are trying to raise an endowment of $260m to maintain the world's most important collections in perpetuity.
Most universities have a target spending rate of 4 to 5 percent of their endowments — a level that would be difficult to maintain, the sponsors of the survey point out, if their endowments' long-term returns were less than 4 percent.
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