endowment
Word family
- endowverbB2
- endowedadjectiveB2
- endowernounC1
Synonym discussion
Sense: noun/1
Donation is the broadest term — any gift of money or goods, large or small, made at one time. A bequest is a donation left through a will, so it takes effect only after the giver's death. A grant is typically money given by a government or foundation for a specific project or purpose (e.g. a research grant), and it is not expected to be permanent. A fund is a sum of money set aside for a particular purpose but does not carry the meaning of being a permanent, invested resource in the way that an endowment does. For example: 'The library received a donation of books' (any gift); 'She left a bequest of $50,000 to the animal shelter' (via will); 'The scientist applied for a government grant' (project-specific); 'The town set up a fund for disaster relief' (purpose-specific, not necessarily permanent). An endowment, by contrast, is invested and meant to generate ongoing income for an institution over decades.
Common collocations
Nouns
- endowment campaign
- endowment fund
- endowment income
- endowment policy
Phrases
- build up an endowment
- create an endowment
- establish an endowment
- manage an endowment
- live off an endowment
Prepositions
- endowment of (an institution)
- endowment of (a quality)
Etymology
The word entered English from the Middle French verb endouer, which combined en- ('in, into') with douer ('to give a dowry'). The French douer came from the Latin verb dōtāre, meaning 'to provide with a dowry or gift', which in turn came from the noun dōs ('dowry'). Originally, to endow someone meant to provide a woman with property upon marriage. Over time, the meaning broadened to giving property or money to any person or institution for long-term support. By the 16th century, endowment was also being used figuratively for natural qualities or talents 'given' to a person at birth.