FAKE NEWS ON ENDOWMENTS!
O.K., so it’s not really fake news. But most folks keeping up on current events over the last year would think colleges are hoarding millions and even billions of dollars that could be used to help students and their families offset the increasing cost to attend. Although that is not the case…
Endowment Compliance Audits
Institutions which raise funds for endowments need to be mindful of complying with the donor’s intentions long after the gift was made, and often after the fundraiser who closed the gift is gone from the institution. Although agreeing to a donor’s intentions seems to be a straightforward proposition when dealing with one donor and oneRead More Endowment Compliance Audits
Nobody Wants to Fund Endowment?
I was sitting around the table with a group of campaign volunteers, who were also significant donors. We were discussing the organization’s proposed capital campaign elements and one of them said, “We need to reduce this endowment part, nobody wants to give to endowment anymore.” To my surprise, everyone else at the table agreed withRead More Nobody Wants to Fund Endowment?
