The current mayor, however, is trying to raise an endowment whose goal would be to rebuild the tower.
Stone said that he and his partners want to raise an endowment for setting up the house as the yacht club's Newport station.
The goal was to raise an $8 million endowment for football and all athletics.
The Board neither raised an endowment nor otherwise put the school on a financial footing that would allow it to do more than "tread water."
I know they want to raise a $50 million endowment, but it hasn't happened.
"Can we raise this money at the same time as trying to exist and raising an endowment for ourselves?"
Our plan now is to begin to raise an endowment to finance a lease so we won't have to build.
She set a goal of raising a $25 million endowment.
He is trying to raise an endowment to allow him to ease out.
To generate the necessary capital, the University planned a fund drive to raise an endowment.