Endowment funds
A) Are formed from the contributions to charitable and educational institutions.
B) Are attractive investments for individuals with low liquidity needs.
C) Usually have very short investment horizons.
D) Provide retirement benefits for public employees.
E) Provide death benefits for its contributor's survivors.

Question

Quizplus · Accepted Answer

Endowment funds are formed from contributions to charitable and educational institutions for the purpose of providing long-term financial support for the organizations' missions. They are not meant to serve as retirement benefits or death benefits for individuals. Additionally, endowment funds typically have long investment horizons to ensure sustained growth for the organizations they support.

Endowment Funds