Solved

If a Donor Were to Contribute Money with Instructions That

Question 112

Multiple Choice

If a donor were to contribute money with instructions that the funds be invested for a period of time and then released to be used for any purpose,this would be called a(n) :


A) Permanent endowment
B) Term endowment
C) Quasi-endowment
D) Unrestricted endowment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: Private universities follow the authoritative standards of

Q20: Investor-owned proprietary schools are subject to the

Q24: Private colleges and universities recognize contribution revenue

Q33: When a private college is the recipient

Q38: Private colleges are required to report net

Q49: A Charitable lead trust is a type

Q91: A Charitable gift annuity is a type

Q114: On December 1,2014 St.Sebastian University,a private college,received

Q115: When a private college or university has

Q117: Ethan Allen University is a private university