In Providing for the Long Term: Supporting Endowments and Investable Assets, grantmakers discuss the opportunities and pitfalls of supporting endowments and alternatives to endowments. While endowments can help organizations make longer-term programmatic plans and diversify their sources of funding, they're not foolproof. GrantCraft's guide offers advice on avoiding common mistakes and maximizing the benefit of endowment grantmaking.
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http://www.grantcraft.org/catalog/guides/endowments/index.html