Please refer to the Foundation Endowment information below . An endowment is a permanent source of money to provide income for a set purpose. It is a permanent account invested through the Minnesota 4-H Foundation, University of Minnesota Foundation. The principal amount of money is used for investing. Annual earnings on the principal are split.
Part is reinvested into the principal and the other part becomes available for spending.
Counties may choose to endow funds. Individuals may also, through 4-H donations, endow funds. It depends on how the fund was setup. This means, upon predetermined conditions of the endowing group, the principal can be tapped. Many county 4-H funds are setup this way.