How is the endowment income distribution calculated?
The distribution is based on a percentage of the average market value of the endowment at the end of the previous three years, plus an adjustment for current year gifts. The Board of Regents determines the percentage rate; it is currently 5 percent.
Created: Mar 15, 2004 - 7:14am Updated: Aug 07, 2009 - 5:10am Author: Web Technologies Article: 1073
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