Most U.S. foundations seek to preserve the money that funds their grants and operations for the long term. They accomplish this by not giving away more money than they earn as returns on the assets held in their endowments.
In a recent article for The Conversation, Jessica Jones, an assistant professor in the University of Tennessee, Knoxville’s Haslam College of Business, explains how foundations can stretch their charitable dollars by making program-related investments. Read the full article on The Conversation.
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CONTACT:
Lindsey Owen (865-974-6375, lowen8@utk.edu)