{"id":991459,"date":"2024-05-24T21:54:57","date_gmt":"2024-05-24T21:54:57","guid":{"rendered":"https:\/\/healthinfocanada.ca\/?post_type=epkb_post_type_1&#038;p=991459"},"modified":"2024-09-04T19:07:22","modified_gmt":"2024-09-04T23:07:22","slug":"what-is-an-endowment-fund","status":"publish","type":"epkb_post_type_1","link":"https:\/\/healthinfocanada.ca\/?epkb_post_type_1=what-is-an-endowment-fund","title":{"rendered":"What is an endowment fund?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"991459\" class=\"elementor elementor-991459\" data-elementor-post-type=\"epkb_post_type_1\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1023d57c e-flex e-con-boxed e-con e-parent\" data-id=\"1023d57c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6c512933 elementor-widget elementor-widget-text-editor\" data-id=\"6c512933\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\n<p class=\"wp-block-paragraph\">CHIMA\u2019s endowment fund provides a perpetual grant from investment earnings and is restricted and governed by the Organization\u2019s Board of Directors. Audited annually, the funds are segmented on the balance sheet of the organization, ensuring that the benefits are directed back to the membership. With the positive net income in the organization from Fiscal Year 2023-2024, the board of directors approved a further $20,000.00 investment into the CHIMA endowment fund.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CHIMA\u2019s endowment fund provides a perpetual grant from investment earnings and is restricted and governed by the Organization\u2019s Board of Directors. Audited annually, the funds are segmented on the balance sheet of the organization, ensuring that the benefits are directed back to the membership. With the positive net income in the organization from Fiscal Year [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_searchwp_excluded":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"epkb_post_type_1_category":[131],"epkb_post_type_1_tag":[],"class_list":["post-991459","epkb_post_type_1","type-epkb_post_type_1","status-publish","hentry","epkb_post_type_1_category-governance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What is an endowment fund? - Health Information Canada<\/title>\n<meta name=\"description\" content=\"CHIMA\u2019s endowment fund provides a perpetual grant from investment earnings and is restricted and governed by the Organization\u2019s Board of Directors.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is an endowment fund?\" \/>\n<meta property=\"og:description\" content=\"CHIMA\u2019s endowment fund provides a perpetual grant from investment earnings and is restricted and governed by the Organization\u2019s Board of Directors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/healthinfocanada.ca\/?epkb_post_type_1=what-is-an-endowment-fund\" \/>\n<meta property=\"og:site_name\" content=\"Health Information Canada\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OfficialCHIMA\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-04T23:07:22+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/healthinfocanada.ca\\\/?epkb_post_type_1=what-is-an-endowment-fund\",\"url\":\"https:\\\/\\\/healthinfocanada.ca\\\/?epkb_post_type_1=what-is-an-endowment-fund\",\"name\":\"What is an endowment fund? 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