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Nonprofits Look to Change Rules on Endowments

Meltdown forces tough choice: present survival or future value?

By Jim O'Neill,  Newser User

Posted Feb 11, 2009 7:21 AM CST

(Newser) – Nonprofits reeling from the market meltdown's impact on their investments are pushing to be allowed to tap endowment funds, many of which are off-limits because they've lost value, reports the Wall Street Journal. At issue is the balance between surviving the current crisis and spending...   Read full story »

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