** Grant Payout = Grant Dollars divided by Charitable Assets
at end of prior year multiplied by 100 to get a percentage.
In the «Foundation Center method,» the current year's grants are divided by investable assets held at
the end of the prior year.
Grant payout in this report is calculated as grants made in the current year divided by donor - advised fund assets held at
the end of the prior year.
That's because your subsequent year's withdrawal is based upon
the end of the prior year value of the account.
January is the busiest time of year for Secretary of State offices, so if you want your effective date to be in January, it makes sense to file at
the end of the prior year with a delayed effective date.
The projected dividend payable at
the end of the prior year (i.e., at the beginning of the following year).
The first quarter of the year is usually one of the weakest quarters in terms of transactions volume due to the usual rush to close deals at
the end of the prior year, leaving the pipeline a bit reduced going into the first quarter.