Giving pause? Economic fallout sends a chill among state's nonprofits.
New Hampshire Business Review › November 07, 2008
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Giving pause? Economic fallout sends a chill among state's nonprofits.
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Sue Chollet, chair of the board of the New Hampshire Endowment for Health, remembers it as one of the most controversial decisions made in the endowment's 10-year history. The board, after all, had disagreed with its professional investment advisers and decided over the course of a few years to lend $1.35 million to the New Hampshire Community, Loan Fund, a nonprofit provider of credit to low- and middle-income people and small businesses, for a meager 4 percent return and four-year commitment...See the full content of this document
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