Overseeing Charitable Assets: Donor Restrictions and Modification, Endowment Funds, and Investment Standards
Charities frequently call on regulators to review proposals meant to mitigate some challenge that impedes a charity’s administration of its assets. Whether the charity is seeking to modify a donor restriction or is considering new or novel ways to spend and invest endowment assets, regulators need to know how common law, uniform statutes, and state…
