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An endowment fund is a financial asset, typically established by a non-profit organization, that is invested to generate income for long-term support, often for specific purposes such as scholarships or research. In contrast, a government fund is a financial resource allocated by a government to support public services, infrastructure, or specific programs, funded through taxation or other revenue sources. While endowment funds are usually private and managed by institutions, government funds are public and managed by government entities.

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1mo ago

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