Endowment fund

Endowment fund means a fund that is established by state law, by an institution, or by a foundation associated with an institution that is exempt from taxation and is maintained for the purpose of generating income for the support of minority and health disparities research or research training if the funds are from a grant made under section 464z3 of the Act. The principal or corpus of the fund may not be spent except as noted in 52i.8.


42 CFR § 52i.2

Scoping language

As used in this part:

Is this correct? or