McDaid’s article, published on the GWSCPA’s Nonprofit Accounting Basics website, explores the essential components of an organization’s underwater endowments such as:
- When is an endowment considered underwater?
- How are underwater endowments properly displayed on the financial statements?
- What additional information is required to be disclosed in the notes to the financial statements?
- And other key information.
Check out this article to equip your organization as we face market fluctuations in these uncertain economic times. Stay tuned for more educational content by McDaid and the Han Group team!
