When an organization's endowments are unitized, there are two general approaches for handling distributions: 1) the distributions can impact the number of units or 2) the distributions can impact unit price. As you can see in the data below, which represents the practices of 204 current Fundriver clients, the size of the organization's endowment often plays a part in which method they choose. Very few client organizations with endowments lower than $100 million choose to have their distributions impact unit price. At the $500 million level, more institutions choose to have distributions impact unit price than impact units.
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