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Current as of January 01, 2024 | Updated by Findlaw Staff
For purposes of this subchapter--
(1) the term “endowment fund” means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate;
(2) the term “endowment fund corpus” means an amount equal to the grants awarded under this subchapter plus an amount equal to such grants provided by Howard University;
(3) the term “endowment fund income” means an amount equal to the total value of the endowment fund established under this subchapter minus the endowment fund corpus;
(4) the term “Secretary” means the Secretary of Education; and
(5) the term “University” means the Howard University established by the Act of March 2, 1867.
Cite this article: FindLaw.com - 20 U.S.C. § 130aa - U.S. Code - Unannotated Title 20. Education § 130aa. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/us/title-20-education/20-usc-sect-130aa/
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