---
kind: "section"
citation: "20 U.S.C. § 130aa"
title: "20"
title_heading: "Education"
number: "130aa"
heading: "Definitions"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/20/130aa"
units:
  - "Chapter 8 — Howard University"
  - "Subchapter II — Endowment"
---

# §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](#5) 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](#5);
- (3) the term “endowment fund income” means an amount equal to the total value of the [endowment fund](#1) established under this subchapter minus the [endowment fund corpus](#2);
- (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.

## Source credit

(Pub. L. 98–480, title II, § 202, Oct. 17, 1984, 98 Stat. 2245.)

## Notes

### Editorial Notes

### References in Text

Act of March 2, 1867, referred to in par. (5), is act Mar. 2, 1867, ch. 162, 14 Stat. 438. Section 8 of this Act is classified to section 123 of this title. For complete classification of this Act to the Code, see Tables.

### Statutory Notes and Related Subsidiaries

### 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’.”