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Are all charities involved in the endowment fund or the bookkeeping?

April 26, 2017bookkeeping Charities endowment fund involved

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Are all charities involved in the endowment fund or the bookkeeping?

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Some accounts are opened by charities that do not wish to be involved in endowment fund bookkeeping or who feel the Foundation involvement adds assurance of professional financial management. Donations to such accounts are earmarked for that charity.