Restrictions/policies when permitting non-endowed or flow through funds?
LornaSandberg
Posts: 76
We have a policy that an Endowed Fund must be started before we permit a non-endowed or flow-through fund to be established. We are revisiting this, however. I am curious as to whether other Foundations permit non-endowed/flow through funds to be established on their own, and if so, are there policies or terms of reference in place that guide when this is permitted or not?
Lorna Sandberg
Director of Philanthropy and Donor Stewardship
(306) 527-7630 (cell)
(306) 751-4751 (work)
This e-mail may contain confidential and privileged material for the sole use of the intended recipient. Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender by reply e-mail and delete all copies of this message.
Please consider the environment before printing this e-mail.
