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FOR MORE CLASSES VISIT<br>tutorialoutletdotcom <br><br>Community College has an operating fund, a scholarship fund and an endowment fund. All scholarship donations are taken to the endowment fund and the contributions are invested to earn investment income. Some donors have stipulated that their endowments must be protected against inflation by using investment income to increase the endowment balance to keep pace with inflation. Other donors have specified that all investment income is to be used for scholarships.<br>
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Community College has an operating fund • FOR MORE CLASSES VISIT • tutorialoutletdotcom • Community College has an operating fund, a scholarship fund and an endowment fund. All scholarship donations are taken to the endowment fund and the contributions are invested to earn investment income. Some donors have stipulated that their endowments must be protected against inflation by using investment income to increase the endowment balance to keep pace with inflation. Other donors have specified that all investment income is to be used for scholarships.