Monthly Archives: October 2024

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Statement Of Activities SOA What It Is, Examples, Nonprofit Org

Endowments are created through donor contributions, with the principal amount typically invested to generate income for perpetuity or a specific period. Investment strategies must balance risk and return, often guided by the Uniform Prudent Management of Institutional Funds Act (UPMIFA), … Continue reading

Posted in Bookkeeping | Comments Off on Statement Of Activities SOA What It Is, Examples, Nonprofit Org