August 1, 2022
An Insider’s View of Endowment Spending Policy
We recently hosted a webcast on Managing Through Market Volatility with a Mission-Aligned Spending Policy. We were glad to be joined by Chris Stobaugh, the CFO of Gulf Coast Community Foundation, who walked through a real example of using the Constant Growth Spending Methodology to calculate her organization’s annual endowment distribution. Compared to the more volatile Moving Average Model, the Constant Growth Model helps smooth spending and provides more consistent support for nonprofits. To learn more, listen to a replay of our webcast.