Measure would help nonprofit endowments | APP.com | Asbury Park Press: "New Jersey law prohibits many nonprofits from spending certain pools of money if the funds have decreased from their original value. The law, adopted by most states, has restricted the groups' spending as values of stocks and other investments have fallen this past year.
But a new bill being tossed around by a state Senate committee could soon make the off-limit funds accessible."
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