Assertion: endowment | /r/HasProperty | underwater
Facets:
value: at december
type: TEMPORAL
Source sentences:
text: This usually happens when a donor has requested that their earnings be reinvested when the gift is underwater.
text: When this happens, the gift is said to be underwater.
text: In cases where the donor has been silent on the subject of underwater distributions or has given consent for the University to distribute when a gift is underwater the Investment Committee will make a determination as to whether to distribute.
text: If a donor has requested that underwater distributions not be made and the gift is underwater at December 31, then all distributions for the following fiscal year will be reinvested regardless of whether that fund comes back “above water”.