Many community foundations are discussing their spending policy percentages and calculation mechanisms as well as the merits of spending from underwater endowment funds. This topic was recently the focus of a conference call held April 15, 2009 (listen to audio below). We are pleased to provide resources (available below to CMF members) for foundations to use as they think about their spending policy and how they calculate their administration fees.
Here is a list of the content you will find in the documents below as well as in the conference call audio:
CMF Members: please note that you must log in to download these documents.