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.
Lonoke County, Arkansas. Lonoke County is a county located in the Central Arkansas region of the U.S. state of Arkansas. As of the 2010 census, the population was 68,356, making it the eleventh-most populous of Arkansas's seventy-five counties. The county seat is Lonoke and largest city is Cabot. Lonoke County was formed on April 16, 1873 from Pulaski County and Prairie County, and was named as a corruption of lone oak, after a large red oak in the area that had been used by a surveyor to lay out the Memphis and Little Rock Railroad.