It is quite common for museums to invest their endowment funds in stocks.
We currently have 70% of our endowment in equities however our $4
mil.endowment is managed by a professional.  That is the secret.  You don't
want that responsiblity, probably.

Ann

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> From: Museum <[log in to unmask]>
> To: [log in to unmask]
> Subject: Gifts of Stock - Policy?
> Date: Wednesday, December 09, 1998 9:42 AM
>
> We were recently given a restricted endowment in the form of a solid
> utility stock.  I'd like to keep it as stock.  Finance Committee wants it
> converted.  Can anyone give me a case for keeping the stock and/or a
> finance policy that includes stock as one form of asset?
> Ann Kiewel
> Holland Museum