... Trust funds was of course The Institute. But it was legally at the “sole and absolute discretion” of the Memorial ... because whereby The Institute could put the Trust’s state-mandated payout to the Institute into its {the Institute’s} corpus, read more...
... the combined endowment would be subject to a mandatory minimum payout rate of approximately 3.5%. Because the current ... endowment -- i.e., substantially more than the 3.5% minimum payout that would apply if the Institute held the entire read more...
... Trust funds was of course The Institute. But it was legally at the “sole and absolute discretion” of the Memorial ... because whereby The Institute could put the Trust’s state-mandated payout to the Institute into its {the Institute’s} corpus, read more...
... Trust funds was of course The Institute. But it was legally at the “sole and absolute discretion” of the Memorial ... because whereby The Institute could put the Trust’s state-mandated payout to the Institute into its {the Institute’s} corpus, read more...