[Code of Federal Regulations] [Title 34, Volume 3] [Revised as of July 1, 2002] From the U.S. Government Printing Office via GPO Access [CITE: 34CFR628.1] [Page 274] TITLE 34--EDUCATION DEPARTMENT OF EDUCATION PART 628--ENDOWMENT CHALLENGE GRANT PROGRAM--Table of Contents Subpart A--General Sec. 628.1 What are the purposes of the Endowment Challenge Grant Program? 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. (Authority: 20 U.S.C. 1065) [49 FR 28521, July 21, 1984, as amended at 52 FR 11258, Apr. 8, 1987; 58 FR 11163, Feb. 23, 1993]