Endowment is one of the most misunderstood terms in our charitable sector. Given the fact that “endowment” lacks a formal legal definition, this should hardly come as a surprise. There are many who still hold on to the traditional definition of an endowment – that...
Over the last few years, both donors and fundraisers have had the opportunity to consider the notion of endowments and how they might fit into an overall donor development model. Over this time, I have discussed endowments with many people in the charitable sector. What I...
The Disbursement Quota is a hot topic in the charitable world. There are strong advocates for changing the existing rules, most notably raising the 3.5% minimum spending threshold on long-term assets. So given this renewed attention on the DQ, I thought it might be fun...