Epstein Index›Documents›EFTA00599046
⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00599046: Bill Gates, Melinda Gates and John Phelan (DS9)

Financial RecordDate unavailableEFTA005990466 keyword hits
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This document details endowment management policies, specifically noting the obligation to disburse approximately 5 percent of the average investment portfolio value annually. The foundation aims to preserve the real, inflation-adjusted value of its endowment to maintain program sustainability.

📋 Key Excerpts15

PersonKeyword
Excerpt 1
(the obligation to disburse annually about 5 percent of the average value of the investment portfolio); the objective of preserving the value of the **endowment**
Excerpt 2
The foundation does not receive outside contributions to its **endowment**.
Excerpt 3
Their policy has been to try to preserve the real (inflation- adjusted) value of the foundation's **endowment** so as to maintain the real value of its program

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