In recent years, a number of factors have converged that make it more important than ever for many nonprofits to take steps to increase the size of their endowments and, in some cases, replace significant amounts that were lost during the Great Recession.    While many charities have substantially recovered the value of their endowments and now approach pre-crash levels, the Great Recession has had a sobering impact on those who manage endowments. In some cases, spending rates have ...

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