An endowment is an investment in the future as well an invested gift that generates income to be used, in perpetuity, to support Men of D.I.S.T.I.N.C., Incorporated. Because endowments generate funds indefinitely, they are often referred to as “the gift that keeps on giving.” When you establish an endowment, your gift is invested with two goals in mind: (1) to allow the principal to exceed the rate of inflation and (2) to provide additional income for the fraternity purpose you designate. An endowment agreement that specifies the name and purposes of the endowment is completed at the time of its establishment