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How does the Endowment for Health decide how much to distribute each year?

April 26, 2017decide endowment Health year

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How does the Endowment for Health decide how much to distribute each year?

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IRS regulations require an annual distribution of a percentage of the average monthly value of our assets during the preceding fiscal year. This calculation is made by an accounting firm and is submitted to the IRS and the Charitable Division of the New Hampshire Attorney General’s Office on Form 990-PF by February 15 of each year.