Deep Dive: Endowment formed from NHRMC sale isn't — and shouldn't be, experts say — in a rush to make grants
âWhen are they going to be handing out the money?â Word of the sale — and its financial flood — has understandably excited those working in the area’s philanthropic sphere. From whispers to public chatter, community leaders are eagerly awaiting updates from the endowment with open hands. “I think thereâs been a lot of speculation from nonprofits about, well, âWhen are they going to be handing out the money?â” Hannah Gage, the endowment’s co-chair, said. “First of all, we donât have the money. Thatâs outside of our control.” If the sale does c...
Source: portcitydaily.com