Endowment Policy.pdf

CapitalizationUnspentEarningsEndowmentFunds.pdf
Preview of Endowment Policy
🔗 Source: brandonu.ca
📊 Size: 27 KB
👤 Author: FisherK
⬇️ Downloads: 103

Summary

The objective is to preserve the initial capital and invest it to produce earnings, with annual distributions made to support the endowment's object, while increasing the endowed capital through re-capitalization of earnings to provide future inflationary increases. Unused distributed earnings may be deferred or capitalized, with guidelines including a 15-month availability period and annual review, after which unused earnings are re-capitalized in the original endowment.

Description

The objective is to preserve the initial capital and invest it to produce earnings, with annual distributions made to support the endowment's object, while...

Technical Information

  • File Format: PDF
  • File Size: 27 KB
  • Pages: 1
  • Language: EN
  • Author: FisherK
  • Total Downloads: 103
  • Last Updated: 1 week ago

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