IRS Approves Unusual Investment Option.

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  • Additional Information
    • Subject Terms:
      PALO Alto (Calif.); CALIFORNIA
    • Subject Terms:
      STANFORD University ; UNITED States. Internal Revenue Service
    • Abstract:
      The article reports on the ruling of the U.S. Internal Revenue Service to permit the Stanford University in Palo Alto, California to allow its donors to invest to their contributions and charitable-trust assets along with its endowment assets. The endowment of the university had annualized returns of almost 15 percent. Charitable trusts typically pay dividends to donors with the remainder going to charity upon a donor's death.