For purposes of this subchapter—
the term “endowment fund” means a fund, or a tax exempt foundation, established and maintained by Howard University for the purpose of generating income for its support, but which shall not include real estate;
the term “endowment fund corpus” means an amount equal to the grants awarded under this subchapter plus an amount equal to such grants provided by Howard University;
the term “endowment fund income” means an amount equal to the total value of the endowment fund established under this subchapter minus the endowment fund corpus;
the term “Secretary” means the Secretary of Education; and
the term “University” means the Howard University established by the Act of .
Pub. L. 98–480, title II, § 20298 Stat. 2245(, , .)
Editorial Notes
References in Text
act Mar. 2, 1867, ch. 16214 Stat. 438section 123 of this titleAct of , referred to in par. (5), is , . Section 8 of this Act is classified to . For complete classification of this Act to the Code, see Tables.
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 98–480, title II, § 20998 Stat. 2247
“This title [see Short Title note below] shall take effect on .”
, , , provided that:
Short Title
Pub. L. 98–480, title II, § 20198 Stat. 2245
section 123 of this title“This title [enacting this subchapter, amending , and enacting provisions set out as a note above] may be cited as the ‘Howard University Endowment Act’.”
, , , provided that: