Article

Dive into “Underwater Endowments” in GWSCPA’s featured article by Jan McDaid, CPA, of Han Group

Updated: February 25, 2026

Published: April 17, 2023

Han Group

Executive Summary

Explore key aspects of managing underwater endowments, including financial statement display and disclosure requirements, in Jan McDaid's insightful article.

 

McDaid’s article, published on the GWSCPA’s Nonprofit Accounting Basics website, explores the essential components of an organization’s underwater endowments such as:

  • When is an endowment considered underwater?
  • How are underwater endowments properly displayed on the financial statements?
  • What additional information is required to be disclosed in the notes to the financial statements?
  • And other key information.

Check out this article to equip your organization as we face market fluctuations in these uncertain economic times. Stay tuned for more educational content by McDaid and the Han Group team!

Read Article