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permanent component endowment fund

Spanish translation: fondo de beneficencia de componente permanente

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:permanent component endowment fund
Spanish translation:fondo de beneficencia de componente permanente
Entered by: Traduka

20:29 May 2, 2020
English to Spanish translations [PRO]
Law/Patents - Law (general) / trust
English term or phrase: permanent component endowment fund
Entiendo que un "endowment fund" es un fondo que se crea para universidades, por ejemplo, con el fin de que se invierta para que puedan usar el dinero que se genera de los intereses, pero ¿a qué se refiere lo de "permanent component"? ¿Sería fondo de donación para inversión de componente permanente/fijo?

Contexto:
$1 dollar to the X FOUNDATION, a qualified public charitable organization, located in Colorado, to establish the ISI Fund as a permanent component endowment fund of the X Foundation.

Gracias por su apoyo.
Traduka
Local time: 09:04
Fondo de beneficencia de componente permanente
Explanation:
Esta información encontré para ti:
Whenever a not-for-profit board considers establishing an endowment fund, they should do so
within the true definition of endowment. To endow is to “enrich with property by gift or
bequest for a permanent purpose.” Legally, there is no single definition; however, a New
York court defined endowment as “the bestowment of money as a permanent fund, the income of
which is to be used in the administration of a proposed work.”

La traducción que encontré para endowment fund es fondo de beneficencia, entonces usaría ese término.

Espero que esta información te ayude.
Selected response from:

Lorena Sandoval
Local time: 07:04
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2Fondo de beneficencia de componente permanente
Lorena Sandoval
4fondo de dotación permanente/a largo plazo
Marta Moreno Lobera
3una dotación fundacional propia y de carácter irrevocable
Adrian MM.


  

Answers


7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Fondo de beneficencia de componente permanente


Explanation:
Esta información encontré para ti:
Whenever a not-for-profit board considers establishing an endowment fund, they should do so
within the true definition of endowment. To endow is to “enrich with property by gift or
bequest for a permanent purpose.” Legally, there is no single definition; however, a New
York court defined endowment as “the bestowment of money as a permanent fund, the income of
which is to be used in the administration of a proposed work.”

La traducción que encontré para endowment fund es fondo de beneficencia, entonces usaría ese término.

Espero que esta información te ayude.


    Reference: http://investopedia.com
Lorena Sandoval
Local time: 07:04
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
Grading comment
Thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  EirTranslations
4 hrs
  -> Thanks!
agree  Luis M. Sosa
1 day 17 hrs
Login to enter a peer comment (or grade)

20 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
fondo de dotación permanente/a largo plazo


Explanation:
Se trata de un fondo de dotación a una institución/organización que es permanente, a perpetuidad, cuyos beneficios (ganancias derivadas de la gestión del fondo) se utilizan para el funcionamiento de dicha institución u organización.

El término "permanent component" alude simplemente a que el fondo de dotación tiene un carácter permanente, es permanente.

"What is a **permanent endowment fund**?
A permanent endowment is a long-term fund held and managed by Central Montana Foundation on behalf of a not-for-profit or tax-exempt organization. The commonly accepted definition for permanent endowment is a **fund which is kept in perpetuity where earnings provide regular operating support or support for a specific project for the benefit of the organization**. The very word "endowment" encourages donors to believe that the fund is intended to exist forever.
http://www.centralmontanafoundation.com/permanent-endowmenta...

"mantener su solidez financiera y para dar continuidad en el tiempo a sus actividades, ha previsto crear un **Fondo de Dotación Permanente o Endowment Fund**"
http://www.fundacionfuenllana.org/

Marta Moreno Lobera
Spain
Local time: 15:04
Specializes in field
Native speaker of: Spanish
PRO pts in category: 514
Notes to answerer
Asker: Agradezco mucho tu gran apoyo. Encuentro que 'dotación' es más común en España, y (disculpa mi omisión) necesitaba un término para México.

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2 days 5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
(US) permanent component endowment fund
una dotación fundacional propia y de carácter irrevocable


Explanation:
Peculiar to the USA and component seems to mean part of the Foundation set up by irrevocable donation and transfers.

Example sentence(s):
  • Permanent Organization Endowment Funds are established from a gift of a donor or donors or by an irrevocable transfer of assets from an organization to establish a permanent component fund of the Valley Community Foundation
  • La fundación debe tener como sustrato patrimonial una dotación fundacional inicial.

    Reference: http://BuildingALegacy/HowtoSetUpaFund/PermanentOrganization...
    Reference: http://www.fundaciones.org/EPORTAL_DOCS/GENERAL/AEF/DOC-cw54...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 60
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