How are the endowment grants determined?
The Foundation has adopted, along with hundreds of endowment managers in the country, a Total Return Policy. The policy has two goals: to maintain and increase the real value of the endowment and to smooth out the short-term roller coaster ride that inevitably results from investing in the marketplace. Depending on the current climate, the Foundation generally awards about 4% of a fund s average market value over the preceding 16 quarters. (New funds must be invested a full calendar year before they can make grants.
Related Questions
- How does the Endowment for Health inform the New Hampshire community about the Endowment, its available grants, and who is being awarded grants?
- Does the Endowment award grants to other Methodist denominations, such as Evangelical Methodist or African Methodist Episcopal churches?
- Can members of the Endowment Board of Directors apply for grants?