February 25, 2000
Planned Gifts From Young Millionaires Raise Questions About Valuation
The new economy has revived an old question about deferred gifts.
As young millionaires make more planned gifts, decisions about accurately accounting for pledges that will be received decades from now become more challenging, suggests John B. Ford, vice president of development at Stanford University. In a recent letter, he asked Eustace D. Theodore, outgoing president of the Council for Advancement and Support of Education, "to open a discussion" of the
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