______ are required to expend a minimum of 5% of investment value for either grants or operating expenses.

Name: ______ are required to expend a minimum of 5% of investment value for either grants or operating expenses.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

Foundations are required by law to spend at least 5% of their investment assets annually on charitable activities, which can include grants and their own operating expenses. This rule is designed to ensure that these entities actively contribute to charitable causes on a regular basis.

______ Are Required to Expend a Minimum of 5% of Investment