Sentence Examples with the word endowment fund

The public worship endowment fund has relieved the state exchequer of the cost of public worship; has gradually furnished to the poorer parish priests an addition to their stipends, raising them to 32 per annum, with the prospect of further raising them to 40; and has contributed to the outlay incurred by the communes for religious purposes.

On the 30th of June 1903 the patrimony of the endowment fund amounted to 17,339,040, of which only 264,289 were represented by buildings still occupied by monks or nuns.