Code of Federal Regulations · Section
§ 628.1 — What Are The Purposes Of The Endowment Challenge Grant Program?
34 C.F.R. § 628.1
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The Endowment Challenge Grant Program provides endowment challenge grants, which must be matched, to eligible institutions to—
(a) Establish or increase endowment challenge funds;
(b) Provide additional incentives to promote fund-raising activities; and
(c) Foster increased independence and self-sufficiency at those institutions.
Authorizing Statute
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Endowment challenge grants20 U.S.C. § 1065