A charitable endowment is a fund established to provide ongoing financial support to a specific charity or cause. The principal amount of the endowment is invested, and the income generated is used to fund the organization's activities, ensuring long-term sustainability. This allows charities to plan for the future while maintaining their mission. Endowments can be created by individuals, families, or organizations and often focus on areas like education, health, or the arts. Many universities and nonprofits rely on these funds to support scholarships, research, and community programs, making them vital for their operations and growth.