| Foundation Series - 3 Endowment Spending (2006-05-22) |
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marotta
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| Foundation Series - 3 Endowment Spending (2006-05-22) |
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Foundation Series - 3 Endowment Spending (2006-05-22)
by David John Marotta
Non-profits seeking to establish endowment spending rates may find the task as difficult as the fundraising itself. Setting spending policy remains a balancing act between protecting purchasing power and providing for the spending needs of the institution. Ultimately, the tightrope act becomes a question of inter-generational equity. In other words, "Do we sacrifice the needs of the current generation to that of future generations, or visa versa?"
Read the complete column at http://www.emarotta.com/article.php?ID=179
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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Tue May 23, 2006 2:51 pm |
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