Traditionally, individuals with startup and project ideas had to court investors or venture capitalists to get
the large lump sum funds they needed to kick start their business.
Not exact matches
Among the
largest lump sum appropriations are to the Empire State Development Corporation, which passes
lump sum state
funds to state controlled non-profit organizations like the SUNY Research Foundation, Fort Schuyler Management Corporation, and Fuller Road Management Corporation.
Dick Dadey, with Citizens Union, says the governor's proposal is weakest when it comes down to
large,
lump sums of money that can be spent at the governor's and legislative leader's discretion, which the harshest critics call slush
funds.
Even the cleanest projects were
funded from the shadows: Lawmakers would put giant
lump sums in the state budget and divide the pie later, with legislative majorities getting the
largest slices.
Aside from general criticism of the process itself, there are the issues of the
large lump sum appropriations, projects
funded by mysterious sources, and the governor faulty marketing of his budgetary discipline.
The benefit of the
lump -
sum option is that it provides
larger funds up - front.
If you plan a
large lump -
sum investment in a mutual
fund in your taxable account, to avoid buying - the - dividend, you should check the
fund's distribution schedule and adjust your buying plan according.
This might include a
large one - time
lump sum, a few hundred dollars a month or simply investing whenever
funds are available.