funds report

Fund Reports

Fund advisory reports are provided to update brothers and friends of Alpha Gamma Rho on the existence, maintance and performance of endowment and other funds internally managed by The Educational Foundation of Alpha Gamma Rho.

Endowment Funds

Below is a list of current endowments, which are provided in an effort to maintain transparency. These funds are intended to continue on in perpetuity and can only disburse the spendable balance allocated of the specified annual amount stated in the fund agreement.

Other Funds

Below is a list of all other funds. These funds differ slightly from endowment funds due to how the spendable balance is allocated based upon the intent of the donor. These funds may or may not be intended to continue in perpetuity, which means there may or may not be restrictions on the spendable balance and the full balance can be distributed.

WHAT IS THE DIFFERENCE BETWEEN ENDOWMENT AND OTHER FUNDS?

Endowment refers to funds that continue in perpetuity, meaning the gifts are invested and only the allocated spendable amount can be spent.

Other Funds include Non-Endowment or “Temporarily Restricted” Funds, which refers to funds where there may or mat not be restrictions placed on the allocated amount of spendable funds.

* Contributions to this fund are still being solicited. The extent to which these contributions may eventually be endowed will be based on donorspecific intent and/or Board directive.