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What happens to the donated equity?

April 26, 2017donated equity happens

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What happens to the donated equity?

1 Answer

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Posted

EF Hawai’i holds the equity until a liquidity event, at which time EF Hawai’i sells its shares and uses 50% of the proceeds to establish a charitable fund for the company. EF Hawai’i retains the remaining proceeds to make its own grants and to support its operations.