Single Third Party Invested Funds
CrystalReece
Posts: 15 ✭✭
I was wondering if anyone had a policy/handbook available that they use for investment managers who have clients that want have the investment manager continue to invest the funds, but the account becomes a charitable fund with the foundation? I know that there are foundations that have gone down this route successfully and we're looking into it, but I'm trying to pull some best practices/sample handbooks together to help guide us during these discussions.
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Answers
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We have a policy for this...I have attached it for you...happy to chat about how it actually works from the accounting side.
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