Within the vast and extremely important category of the gift, we may distinguish gifts of a particular type, for which the English word “endowment” is a convenient label. An endowment is a gift where the transfer of property is accompanied by the expectation that the gift will be able to provide permanent and ongoing support to its recipient or for the gift’s intended purpose. The two aspects of such a gift that make it distinctive are
the donor’s expectation, and
the gift’s natur…
Cite this page
Leslie C. Orr,
“Religious Endowments and Gift Giving”, in:
Brill’s Encyclopedia of Hinduism, Edited by: Knut A. Jacobsen, Helene Basu, Angelika Malinar, Vasudha Narayanan.
Consulted online on 28 July 2017 <http://dx.doi.org/10.1163/2212-5019_beh_COM_9000000021>