Spending Policy

Hi everyone,

We are exploring options to offer underwater spending (eroding their principal balance) for our endowment funds. I was wondering if anyone has spending policy you are willing to share.

There seems to be different limits on what percentage of their principal can be eroded etc.

Thank you,



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    JohnnaMartinezJohnnaMartinez Posts: 16 ✭✭✭
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    edited December 2022

    Hi @EmmaSchwarz,

    Wondering if you were able to find any answers to your question on underwater spending? With the markets this year we are looking into a Spending Policy or modifying our existing policy to address this.



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    We are interested in this topic, too. Thanks!

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    EmmaSchwarzEmmaSchwarz Posts: 2
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    Hi Johnna and MaryAnn - We are allowing underwater spending as long as the nonprofit board signs off on it.

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