Usually the endowment is structured so that the principal amount is kept intact while the investment income is available for use, or part of the principal is released each year, which allows for their donation to have an impact over a longer period than if it were spent all at once.
Cabot, Arkansas. Cabot is the largest city in Lonoke County, Arkansas, United States and a suburb of Little Rock. According to 2010 U.S. Census Bureau estimates, the population of the city is 23,776, ranking it as the state's 20th largest city, behind Paragould.
Trotwood is a city in Montgomery County, Ohio, United States. The population was 24,431 at the 2010 census. It is part of the Dayton Metropolitan Statistical Area. The city is served by the Trotwood-Madison City School District.