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What Is An Endowment?

By on May 2, 2011 in Non-Profit

Endowments are powerful financial tools that are often overlooked by small non-profits. In simplest terms, an endowment is an investment vehicle. In an endowment fund, you can only spend the interest that the fund generates, not the principle that actually anchors the endowment. Usually, a low percentage of the generated interest (like 5%) is spent [...]

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