Published on Capital Region Community Foundation (http://crcfoundation.org)


What is a permanent endowment?
By admin
Created 01/06/2007 - 05:36

In general, contributions made to the Community Foundation are not spent -- they are invested for growth. Five percent of a fund's assets, averaged over 12 rolling quarters, are available for spending. As the corpus grows, so too does the amount available to spend or grant.


Source URL: http://crcfoundation.org/what-permanent-endowment