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How does an endowment fit into an overall organizational financial plan?

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How does an endowment fit into an overall organizational financial plan?

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To be healthy and stable, an organization needs to meet its current operating budget without exerting 100% of its resources. In addition, an organization should have an operating reserve account, which covers somewhere between half of all of its annual expenses. Then, based on some fundamental criteria for definition of endowment donors, it is ready to consider endowment fund-raising.

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