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"endowment." Encyclopædia Britannica. 2008. Encyclopædia Britannica Online. 07 Sep. 2008 <http://www.britannica.com/EBchecked/topic/187130/endowment>.

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endowment. (2008). In Encyclopædia Britannica. Retrieved September 07, 2008, from Encyclopædia Britannica Online: http://www.britannica.com/EBchecked/topic/187130/endowment

endowment

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Users who searched on "endowment" also viewed:
endowment (religion)
  • role in Mormonism Mormon

    ...by proxy for those who died without knowledge of the truth. The Mormons’ interest in genealogy proceeds from their concern to save the deceased population of the earth. Baptism for the dead, endowment (a rite of adult initiation in which blessings and knowledge are imparted to the initiate), and the sealing of husbands, wives, and children (which may also be undertaken by proxy for the...

Vincent Astor Foundation (charitable endowment)
  • work of Astor Astor, Brooke Russell

    ...and Garden magazine. She married Vincent Astor, heir to the fortune of fur magnate and financier John Jacob Astor, in 1953. When he died in 1959, Brooke Astor became the president of the Vincent Astor Foundation. From that time on, she set about providing nearly 100 grants each year to charitable organizations, civic programs, and cultural institutions in New York City, including...

Julius Rosenwald Fund (charitable endowment)
  • establishment by Rosenwald Rosenwald, Julius

    Generous to Jewish charities, Rosenwald nonetheless opposed Zionism. From the early 1900s he was concerned with the welfare of U.S. blacks, and in 1917 he established the Julius Rosenwald Fund (to be expended within 25 years after his death and liquidated in 1948), the chief purpose of which was the improvement of education for blacks. Augmented by local taxes and private gifts, the fund paid...

National Endowment for the Arts (United States organization)

an independent agency of the U.S. government that supports the creation, dissemination, and performance of the arts. It was created by the U.S. Congress in the National Foundation on the Arts and the Humanities Act of 1965. Literature, music, theatre, film, dance, fine arts, sculpture, and crafts projects are among those funded by the NEA.

The majority of NEA grants go directly to institutions such as art museums, not-for-profit theatres, and symphony orchestras; to arts programs in schools; and to support events such as folk arts festivals. Typically, recipients are required to match their NEA grants with funding from other sources. Grants are also awarded to individual artists for specific projects: for example, to an author for writing a novel or to a jazz musician for composing an extended work. The endowment has especially encouraged culturally diverse American arts, providing National Heritage Fellowship Awards to, for example, folk and blues musicians, instrument makers, weavers, metalworkers, woodcarvers, and others who embody Native American, Latin American, Asian, and other ethnic arts traditions in American communities.

Grants are often awarded by the NEA in cooperation with state and local arts agencies. When it began, the United States had five state arts agencies; after the NEA’s third decade, all states had arts agencies. In that period the number of arts organizations in the United States increased dramatically, including twice as many large symphony orchestras, an eightfold increase in theatres, and a tenfold increase in dance companies. Subsequent opposition to the NEA in the U.S. Congress, however, resulted in a decrease in funding from a high of nearly $176 million in 1992 to less than $100 million in 1996.

National Endowment for the Humanities (United States agency)

an independent agency of the U.S. government that supports research, education, preservation, and public programs in the humanities. It was created by the U.S. Congress in the National Foundation on the Arts and the Humanities Act of 1965. The legislation defined “humanities” broadly to include the study of archaeology, language, linguistics, history, philosophy, ethics, comparative religion, jurisprudence, literature, and arts theory and criticism.

Grants to museums, libraries, and archives—for preserving and storing collections and for providing public access to collections—are among the NEH’s programs. Museum exhibitions, television programs, and historic sites receive NEH grants, as do translation and editorial projects by academic presses. Individuals as well as institutions receive the endowment’s support for creating educational materials and for teaching and research in the humanities. In its first 30 years the endowment awarded $2.7 billion in 51,000 fellowships and grants.

National Endowment for the Humanities

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