receive an endowment

See: inherit
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SAN DIEGO -- The San Diego Symphony today announced it would receive an endowment commitment totaling $100 million, the largest individual donation ever awarded to a symphony orchestra.
is thrilled to receive an endowment from the Cook Group, who along with Gayle Cook, have long recognized the importance of preserving our county's history through our society and museum," added Rachel Peden McCarty, MCHS president.