Endowed

Endowed is the past participle of the verb endow and, as an adjective, describes someone or something that has been provided with a quality, ability, or asset. This can refer to inherent traits or gifts that are present from birth or through nature, as in being endowed with exceptional intellect, or to features acquired by circumstance. In many contexts it contrasts with temporary or incidental attributes.

In philanthropy and nonprofit governance, endowed commonly refers to funds or assets donated to an organization to provide ongoing financial support. An endowment typically consists of principal that is invested, with the income used for specified purposes such as scholarships, faculty positions, or research. The donor’s terms, and applicable laws, govern how the income may be spent and whether the principal can be spent in emergencies or only under certain conditions. Institutions that have endowments are described as endowed.

Endowed chairs or professorships are common examples, funded by endowed gifts that provide salary or research funds in perpetuity. Endowed programs may have restricted use according to donor intent and the terms of the endowment agreement.

Usage notes: When referring to people, “endowed” usually means possession of a notable trait or capability, often described as a natural gift. When referring to organizations, it emphasizes longstanding financial stability and capacity arising from donations. See also endowment, donation, and philanthropy.