entity · derived
Endowment hoarding
Derived node: assembled mechanically from the claims carrying endowment-hoarding. A roster, not an adjudicated definition.
Every claim under this term
- 3981021-007 : Because boards and donors seek to preserve endowments rather than spend them, funds accrue tax free long after the donor has taken the deduction, which runs counter to the spirit of the rules governin
- 3981021-008 : Although the five percent annual payout is only a legal minimum for foundations under 2021 law, many boards treat five percent as the default rule, which entrenches minimal disbursement.