Implications
Easing of administrative
burden
Simplification of DO
calculation
No need to disburse 80% of
receipted gifts or gifts from arms length charities
No need to track receipted and non-receipted gifts
Only
need to comply with 3.5% DO
Lessens need for restrictive
endowment conditions to meet enduring property definition
(i.e., no need for 10 Year Gifts)
New
Endowments
Review of
Agreements
Flexibility
Available
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