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Glossary Definition

What is a Family Endowment?

A family endowment is a fund that is created to support certain nonprofits through investments. The principal amount is given to the organization, usually a hospital, church or a school, and is then invested. The principal is never disbursed; only the earnings are, so the endowment should be able to continue in perpetuity.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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