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payout requirements - The minimum amounts that private foundations are required to expend for charitable purposes (including grants and, within certain limits, the administrative cost of making grants). In general, a private foundation must meet or exceed an annual payout requirement of five percent of the average market value of its total assets.
Write Winning Proposals includes the concept of "payout requirements" in its proposal-writing strategies. The definition of "payout requirements" as well as other definitions related to proposal-writing are among the many Write Winning Proposals resources.
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