Our Role Model:      The Endowment Fund of The Medical-Marijuana, Access-Assistance Foundation is base on the models used by the major universities.   When a major university receives a donation from an alumni, it does not spend that money.   Instead it adds the money to its endowment fund where it is invested with intention of making a profit.   The profit is then used to pay the expense of the university.   The endowment fund is never spent.   It is never encumbered in any way.  

In a similar fashion, The Medical-Marijuana, Access-Assistance Foundation is establishing an endowment fund.   Money in the endowment fund will never be spent.   It will never be encumbered in any way.   The money in the endowment fund will be invested with intention of making a profit. 

How the profits Will Be Used:   Ten percent of the profit  will be added to the endowment fund.   The Remaining ninety percent will be directed first at paying the expenses for running the foundation.    When the returns exceed to cost of managing the foundation, the additional money will be directed to the foundation's beneficiaries.  

Funding the Endowment:   Ten percent of all donations received by the foundation will be added to the endowment fund.   The Remaining ninety percent will be directed at paying the expenses for running the foundation and to providing services to the foundation's beneficiaries.   Hopefully, The Endowment Fund will soon be covering the foundation operating expense and the entire ninety percent will be directed to providing services.  

Bylaws:   All the above details are part of the foundations by laws.   The bylaws are designed for maximum safety, maximum security and to ensure the right use of the foundation's moneys.