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B. VOCABULARY
Noun:
1. Endowment:
o Pronunciation: /ɪnˈdaʊ.mənt/
o Meaning: Money that is given to a college, hospital, etc. in order to provide it
with an income, or the giving of this money.
o Meaning in Indonesia: Dana abadi
o Example sentences:
- Johns Hopkins had an endowment of 3.8 billion dollars,
- The university's endowment grew 10% in the last year alone.
- The university's endowment has decreased steadily over the last ten years.
2. Philanthropist:
o Pronunciation: /fɪˈlænθrəpɪst/
o Meaning: A person who donates money or resources to charitable causes.
o Example sentence:
- Last year, billionaire philanthropist MacKenzie Scott gave 1.5 billion dollars
to 73 different colleges and universities that serve low-income students.
- The philanthropist tried to use her wealth to help people in need.
- The organization is underwritten by grants from philanthropists.
3. Equity:
o Pronunciation: /ˈɛkwəti/
o Meaning: Fairness and impartiality, ensuring that everyone has access to the same
opportunities and resources.
o Example sentence:
- If we really want equity in higher education, we need to put our money where
our mouth is and fund regional public universities.
- They insist on equity in return for their investments.
- He was the oldest man present, and was celebrated among the villagers for the
equity of his decisions.
