What is another word for endowment fund?
Pronunciation: [ɛndˈa͡ʊmənt fˈʌnd] (IPA) 
An "endowment fund" can be referred to by different synonyms, depending on its context and nature. For instance, some of its common synonyms include a "trust fund," a "charitable foundation," a "philanthropic fund," a "permanent fund," or even a "reserve fund." Endowment funds are usually created to provide long-term financial stability to organizations or institutions that are meant to last and endure. For example, universities, museums, hospitals, and religious bodies may set up endowment funds to ensure that they have a consistent source of income to support their operations and future endeavors. These synonyms are used interchangeably in different situations, but ultimately indicate a pool of financial resources dedicated to a specific cause.
