Use of Interest. The Organization may expend funds generated from the endowment program fund only for programming costs incurred while engaged in programs directly related to cultural activities, or reinvestment of any residual to expand the principal fund.
Appears in 5 contracts
Samples: Cultural Endowment Program Agreement, Cultural Endowment Program Agreement, Cultural Endowment Program Agreement
Use of Interest. The Organization may expend funds generated from the endowment program fund only for programming costs incurred while engaged in programs directly related to cultural activities, or reinvestment of any residual to expand the principal fund...
Appears in 4 contracts
Samples: Cultural Endowment Program Agreement, Cultural Endowment Program Agreement, Cultural Endowment Program Agreement
Use of Interest. The Organization may expend funds generated from the endowment program fund only for programming operating costs incurred while engaged in programs directly related to cultural activities, or reinvestment of any residual to expand the principal fund.
Appears in 1 contract
Samples: Cultural Endowment Program Agreement
