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Why do we need a community endowment fund?
Summary by The Sidney Sun-Telegraph
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Why do we need a community endowment fund?
A question we often hear is, “Why do we need a community endowment fund?” The answer starts with understanding what an endowment fund is. An endowment is a permanent fund where the original donations, or principal, are invested, and only a portion of the earnings are used each year to support local projects. This means the fund continues to grow over time, creating a lasting source of support for...
·Sidney, United States
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