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COMMENTHot Topic: Endowments 
Endowments can be established to support the ongoing operating expenses of the organization or for designated purposes such as scholarships, projects, programs, institutes, professorships, or any aspect of its charitable work. Endowments can offer organizational stability in that they can supply revenue in years in which donations are down, or charitable need increases, and they can be a resource for new programs and innovations in prosperous years.
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