捐款

benevolent funds───慈善基金

endowments───n.捐赠的款项；才能，天赋（endowment的复数）

retirement funds───退休基金；退休金

endowment assurances───生死两全保险，养老保险，储蓄保险

endowment insurances───养老保险

endowment assurance───生死两全保险，养老保险，储蓄保险

endowment insurance───养老保险

The big buyers were pension funds and endowments.───主要买家为养老基金和捐赠基金。

But is this what pension funds and endowments really want?───但什么才是养老基金和捐助基金真正想要的呢？

That means the industry will become more focused on institutional investors like pension funds and endowments.───这意味着基金行业会将重点放在诸如抚恤基金和捐赠基金这样的机构投资者身上。