In 1937 the Eli Lilly family donated millions of dollars in stock to fund a not-for-profit charitable organisation. Such organisations are typically called ________.

Name: In 1937 the Eli Lilly family donated millions of dollars in stock to fund a not-for-profit charitable organisation. Such organisations are typically called ________.
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The term for a not-for-profit charitable organization that is funded through a donation of stock is an endowment.

In 1937 the Eli Lilly Family Donated Millions of Dollars