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FIN - The committee runs a foundation that has an asset base

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Question;The committee runs a foundation that has an asset base of $4,000,000. The foundation?s dual mandates are to (a) Preserve capital and (b) To fund $200,000 worth of scholarships for underprivileged children across the Tidewater Region. The foundation has a third objective, which is to grow its asset base over time.

 

Paper#48581 | Written in 18-Jul-2015

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