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Re: I'm Starting A Grant for Homeschooled Apostoli
Quote:
Originally Posted by Stephen Hoover
More questions...
Should I fund the account for several years and invest the funds before awarding the first grant?
Or simply fund and disperse as we go, realizing this will effect the groweth of the funds.
It would be nice if we could accumulate enough to have it fund it'self through groweth.
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The moment you decided to do it you should have started accumulating funds. Ideally the grant money comes from dividends and interest off the capital, but that's not practical when you're just getting started and are committed to adding capital.
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