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Endowment Distribution Guidelines

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Exhibit IV First Presbyterian Church Guidelines for Administering Disbursements from the Endowment January 1, 2003 1. Using the endowment to fund routine annual operating expenses is a practice that s...
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Please note that these are all samples and should not be used without careful review.

This is not intended to be legal, financial or accounting guidance but as a guide for the church to write its own material according to your local needs and restrictions. Please refer to your own accountant or attorney for accounting and specific legal counsel.

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