top | item 25439295

(no title)

ebg13 | 5 years ago

Many charities keep their resources in investment structures. These are often called endowments.

> a charity doesn't (usually) actually use the stock - they would sell it to spend it when they needed the money

It sounds like that means that withholding the money in order to make it grow better wouldn't actually help them then because then they wouldn't be able to spend it when needed.

discuss

order

No comments yet.