### Question
How does the law define trust fund?


### Answer
Under *25 U.S.C. § 1832*, **trust fund** is defined as:

> a fund established by an institution of higher education or by a foundation that is exempt from taxation and is maintained for the purpose of generating income for the support of the institution, and may include real estate

#### Citation:
  - *25 U.S.C. § 1832*
  - Heading: **CHAPTER 20-TRIBALLY CONTROLLED COLLEGES AND UNIVERSITIES ASSISTANCE > SUBCHAPTER II-TRIBALLY CONTROLLED COLLEGE OR UNIVERSITY ENDOWMENT PROGRAM**

