---
kind: "section"
citation: "42 C.F.R. § 52i.10"
title: "42"
number: "52i.10"
heading: "How shall a grantee calculate the amount of endowment fund income that it may withdraw and spend?"
url: "https://uscodex.org/cfr/42/52i.10"
---

# §52i.10. How shall a grantee calculate the amount of endowment fund income that it may withdraw and spend?


A grantee awarded funds under this part shall calculate the amount of endowment fund income that it may withdraw and spend at a particular time as follows:

- (a) On each date that the grantee plans a withdrawal of endowment fund income, the grantee must determine the amount of the income by calculating the value of the fund that exceeds the endowment fund corpus.
- (b) If the total value of the endowment fund exceeds the endowment fund corpus, the grantee may withdraw and spend the excess amount, i.e., the endowment fund income, in accordance with [§ 52i.9](/cfr/42/52i.9.md).

## Notes

### Authority

Authority: 42 U.S.C. 216, 285t-285t-1.

### Source

Source: 80 FR 53744, Sept. 8, 2015, unless otherwise noted.