Endowments

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Endowments

Some of the most effective and far-reaching gifts are those that create endowments. Endowed funds are critical to the financial stability of Corban University by providing both a current and future revenue stream that lasts in perpetuity. The Board approves an annual distribution amount that is made available for spending while the balance remains invested within a pool of similar funds to maximize returns with a prudent level of risk. The goal is to provide a relatively stable revenue stream to the University while maintaining the purchasing power of the endowment over time

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