Epstein Index›Documents›EFTA00597586
⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00597586: Endowment and Wire Transfer Records (DS9)

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This document discusses quasi-endowment financial procedures, specifically for the ASU Foundation. It outlines rules for fund transfers, establishment of quasi-endowments, and mentions a minimum balance requirement of $25,000 for maintaining such funds.

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Excerpt 1
Reduction of Quasi-**Endowment** - ASU Foundation donor, may transfer the Fund to another account designated by may establish a quasi-**endowment** with the express
Excerpt 2
Fund Payout - After the Gift Value of an **endowment** (or b.
Excerpt 3
A minimum balance of $25,000 is required to remain in Market Value of a quasi-**endowment**) reaches the minimum the Fund.

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