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Funds deposited into the Operating Fund shall be invested at the discretion of the guaranty agency in accordance with prudent investor standards.
The center will be supported by grants from the David and Lucile Packard Foundation and the William and Flora Hewlett Foundation, as well as endowment gifts and operating fund grants from other philanthropies and individuals.
Further detailing the downgrade, Moody's said Illinois's "chronic use of payment deferrals to manage operating fund cash" presented a major challenge to its financial wellbeing.
the Secretary may regulate the uses or expenditure of moneys in the Operating Fund.
Such transfers may occur during the first 3 years following the establishment of the Operating Fund.
So far it has raised $80,000 for the museum's general operating fund.
Similar(34)
It raises operating funds through private development.
WHERE do many high-level leagues get operating funds?
Operating funds now being used for capital expenses would be used to service the debt.
We're looking at a 50% reduction in operating funds," says Chris Vein, San Francisco's CIO.
This fistula center continues to exist on a shoestring, struggling for operating funds.
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