Comment by tootie
3 years ago
It's completely normal for a successful nonprofit to have an endowment that grows in good years and can be spent when needed. They don't pay dividends or anything like that so it sits in a cash reserve.
3 years ago
It's completely normal for a successful nonprofit to have an endowment that grows in good years and can be spent when needed. They don't pay dividends or anything like that so it sits in a cash reserve.
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