§ 130aa.
Definitions
For purposes of this subchapter—
(1)
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;
(2)
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;
(3)
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;
(4)
the term “Secretary” means the Secretary of Education; and
(5)
the term “University” means the Howard University established by the Act of
March 2, 1867
.
Notes
References in Text
Act of
March 2, 1867
, referred to in par. (5), is act Mar. 2, 1867, ch. 162, 14 Stat. 438, as amended. Section 8 of this Act is classified to section 123 of this title. For complete classification of this Act to the Code, see Tables.Effective Date
Pub. L. 98–480, title II, § 209,
Oct. 17, 1984
, 98 Stat. 2247, provided that: “This title [see Short Title note below] shall take effect on
October 1, 1984
.”Short Title
Pub. L. 98–480, title II, § 201,
Oct. 17, 1984
, 98 Stat. 2245, provided that: “This title [enacting this subchapter, amending section 123 of this title, and enacting provisions set out as a note above] may be cited as the ‘Howard University Endowment Act’.”