Assertion: endowment's fund | /r/HasProperty | invested
Facets:
value: permanently
type: MANNER
Source sentences:
text: Distinct from the generous donations that Brown’s alumni, parents, students, and friends make to the University through the Annual Fund, which are spent immediately, the funds from the endowment are invested and a portion of the earnings used to support a purpose designated by the donor.
text: An endowment is a permanently invested fund.
text: A quasi-endowment, also known as "funds functioning as endowment" or "designated endowment," is an invested fund that is treated as an endowment for investment purposes, but is not legally restricted as such.
text: This report explains where the funds are invested, and the performance of each of these investment vehicles.