Historic dollar value definition

Historic dollar value means the aggregate fair value in dollars of:

Historic dollar value means the aggregate fair value in dollars of (i) an endowment fund at the time it became an endowment fund, (ii) each subsequent donation to the fund at the time it is made, and (iii) each accumulation made pursuant to a direction in the applicable gift instrument at the time the accumulation is added to the fund. The determination of historic dollar value made in good faith by the corporation is conclusive.

Historic dollar value means the aggregate fair value in dollars of an endowment fund at the time it became an endowment fund. It also includes each subsequent donation to the fund at the time it is made.

Examples of Historic dollar value in a sentence

• Historic dollar value, as defined under the South Carolina Uniform Management of Institutional Funds Act (34–6–10), means the aggregate fair value in dollars of (i) an endowment fund at the time it became an endowment fund, (ii) each subsequent donation to the fund at the time it is made, and (iii) each accumulation made pursuant to a direction in the applicable gift instrument at the time the accumulation is added to the fund.

• Historic dollar value was determined based on contributions to the endowment fund.

• Historic dollar value was the value of the contribution at the time it was made.

• Historic dollar value" means the fair value in dollars of an endowment fund at the time it first became an endowment fund, plus the fair value in dollars of each subsequent donation to the fund at the time it is made, plus the fair value in dollars of each accumulation made pursuant to a direction in the applicable gift instrument at the time the accumulation is added to the fund.

• Historic dollar value abolishedUPMIFA abolishes the historic dollar vlaue limitation on expenditure in UMIFA.

More Definitions of Historic dollar value

Historic dollar value means the aggregate fair value in dollars of the following:

Historic dollar value means the aggregate fair value in dollars of the following: (1) an endowment fund at the time it became an endowment fund, (2) each subsequent donation to an endowment fund at the time it is made, and (3) each accumulation made pursuant to a direction in the applicable gift instrument at the time the accumulation is added to an endowment fund. A determination of historic dollar value made in good faith by an institution is conclusive.

Historic dollar value means the fair value in dollars of an endowment fund at the time it first

Historic dollar value for this purpose means the value of the Donor’s original gift and any subsequent donations thereto.

Historic dollar value means the aggregate fair value

Historic dollar value means the aggregate fair market value in dollars of:

Historic dollar value means the fair value in dollars of an endowment fund at the time it first became an endowment fund, plus the fair value in dollars of each subsequent donation to the fund at the time it is made, plus the fair value in dollars of each accumulation made pursuant to a direction in the applicable gift instrument at the time the accumulation is added to the fund. In determining historic dollar value of individual endowment funds maintained in pooled or common institutional funds, institutions may use the aggregate historic dollar value of an institutional fund to determine the historic dollar value of an individual endowment included therein at any particular date based on the institutional fund's current allocation between appreciation and historic dollar value as determined on an aggregate basis for the institutional fund. The determination of historic dollar value made in good faith by the institution is conclusive;