Southeastern University in Lakeland will offer student scholarships through a $5.6 million endowment known as the Graper ...

At the Homeboy Art Academy, Fabian Debora and other mentors provide guidance to the youth who are either actively involved in ...

COEUR D'ALENE JUNCTION, Idaho — The Idaho Department of Lands held an auction in Coeur d'Alene for 8 Priest Lake lots of land ...

A new endowment fund to honor the efforts of a man dedicated to encouraging pride at Parkersburg South High School has been ...

Brian Moynihan has his hands full running Bank of America, which is why he raised some eyebrows when he took on the volunteer ...

The Cherokee Indian Hospital Foundation, a nonprofit organization that supports the well-being of the Eastern Band of ...

An ETF issuer, best known for riding thematic trades, is seeking to launch a new diversified investment strategy that ...

Top: David Brevard (at microphone) announces a surprise endowment honoring Billy Crews (center) at the School of Education's ...

The Grand Traverse County Commission voted 8-1 on Wednesday to approve a $500,000 investment in the "Camp Greilick Forever" endowment fund. The money is coming from the county's share of cannabis tax ...

That is, unless the policy becomes a modified endowment contract (MEC). In general, MECs strip permanent life insurance policies of many tax benefits. Keep reading to learn more about what an MEC ...

An ETF issuer, best known for riding thematic trades, is seeking to launch a new diversified investment strategy that ...

Sometimes when you pay too much into a life insurance policy it becomes a modified endowment contract. We explain what a MEC ...