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Endowment Funds
An endowment is a fund in which the capital is preserved and annual expenditure is restricted to all or a portion of the income from investment. Ongiara College and Ongiara Foundation both have procedures for accepting an endowment, as it requires specific documentation and legal agreements. It is imperative that you, your advisors, and Ongiara work together from the outset to ensure that we are able to accept and benefit from the intended donation.
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