For Wizard Kim-Disc.

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W4-Discussion.docx

Answer all of the questions in good form as part of your initial posting.

1. Why do states and the federal government exercise oversight responsibility over not-for-profit, tax-exempt corporations?

2. How do states and the federal government differ in the way they exercise this responsibility?

3. In a college and university setting what is the difference between an permanent endowment and a term endowment?

4. What are three things that you have learned as a result of taking this course as it relates to the material that has been covered?