Both Uses of
endowment
in
The Fountainhead
- He never asked his rich friends to assist a person in need; but he obtained from them large sums and endowments for charitable institutions: for settlement houses, recreation centers, homes for fallen girls, schools for defective children.†
Chpt 2.9
- Toohey wanted a building to house a new home for subnormal children; he had an organization set up, a distinguished committee of sponsors, an endowment for operating expenses—but no building and no funds to erect one.†
Chpt 2.10 *
Definition:
-
(endowment) the invested money that provides income for an institution; or an instance of giving such money
or:
abilities or qualities -- especially those that are nature-given