Planned Giving Insights and Information

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Endowment Building: Not a Spectator Sport

Posted by Bill Zook on March 1, 2013

Even if a charity does not have any true endowments, it can still create and augment a quasi-endowment, especially by drawing on planned gifts. Many organizations, including those with true endowments, have a policy of assigning to a quasi-endowment all unrestricted bequests and other matured planned gifts. 

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Topics: endowments, quasi-endowments, unrestricted bequests

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