Charity Concepts

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Endowment

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A financial asset or donation that provides ongoing support to an organization or cause.

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Obligatory charity

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Charity that is required or mandated, often by law or moral obligation.

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Necessary Charity

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Charity that is essential or required to meet basic needs.

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Endowment Types:

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Family Endowment

Charitable Endowment

Joint Endowment