Quote:
Originally Posted by John Mercier
Quite a bit of fiduciary responsibility gets reduced down to dollars and cents.
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Fiduciary, of course, is one of the finance bros favorite terms to misuse. The Girl Scouts (or the legal owner) have a fiduciary duty to the estate of the donor to honor their intentions, even when those intentions conflict with the interests of the Girl Scouts.
(BTW, if we took your definition of fiduciary, no gift restrictions would ever be honored past the point at which the recipient wanted to maximize cash without regard for restrictions)
Sorry if these last two posts are kind of heated--this whole thing just enrages me. Camps are a disappearing treasure