Endowment is one of the unique teachings and traditions of Islam which has positive social economic political and cultural effects. Admittedly proper economic productivity of endowments can play a significant role in economic growth and achieving the goals of endowers. One of the pillars of creating the aforementioned productivity is the existence of an efficient and transparent financial reporting system regarding endowments. Such a system is not possible unless there is an endowment accounting standard which unfortunately currently does not exist. The large volume of endowments and legal institutions in charge in this matter intensifies the need for standardization in this field. In standard writing the theoretical framework of accounting standards which itself is influenced by environmental characteristics and information needs should be observed. It should be noted that there are special environmental characteristics and information needs in the issue of endowment. In a special way the intention of the endowers which is included in the letter of endowment as well as the jurisprudential (Sharia) laws can be mentioned in this regard. In this article it has been tried to give a proposal regarding the accounting standard of endowment considering the environmental characteristics and specific information needs about endowment and by establishing new relevant concepts. Undoubtedly this goal requires navigating a long path and it is hoped that this article will be an effective step in that direction.