http://www.notforprofitaccounting.net/2009/10/28/more-questions-and-answers-2/ Oddly Passionate About Nonprofit Accounting Fri, 03 Feb 2012 01:17:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.notforprofitaccounting.net/2009/10/28/more-questions-and-answers-2/comment-page-1/#comment-954 Alan Wed, 02 Mar 2011 00:55:37 +0000 http://www.notforprofitaccounting.net/?p=1502#comment-954 I would not do anything with endowment funds without a donor's consent. If you get theri consent you can then look at negotiating the best rate for your loan. I would not do anything with endowment funds without a donor’s consent. If you get theri consent you can then look at negotiating the best rate for your loan.

]]> http://www.notforprofitaccounting.net/2009/10/28/more-questions-and-answers-2/comment-page-1/#comment-951 LJ Sun, 27 Feb 2011 19:44:44 +0000 http://www.notforprofitaccounting.net/?p=1502#comment-951 Someone recently suggested that my organization use the endowment funds for financing a project and paying an interest rate for the loan above prime. Unless the donor provides permission, can these funds be used in that manner. Someone recently suggested that my organization use the endowment funds for financing a project and paying an interest rate for the loan above prime. Unless the donor provides permission, can these funds be used in that manner.

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