October 9, 2020 9:31 am
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Hi all- does your foundation have any specific policies related to how many months or dollars you have in your reserve or in how they will build the endowment? For instance, I know some foundations hold back 10%+ of all unrestricted donations to build their endowment or reserve. If you have a formal policy, that's great-- but if it's informal, that's okay too. Just looking to hear what everyone is thinking
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October 12, 2020 1:06 pm
Hi Katherine,
Thank you for posting your question here! Foundation Innovation doesn't have any samples that apply, but hopefully other education foundations will share what they have.
Lauren