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Glossary   >   P   >   "Payout Requirement" Definition            Payout Requirement Private foundations are required by law to pay out at least five percent of the fair market value of their assets each year in grants and administrative expenses. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Payout Requirement - Private foundations are required by law to pay out at least five percent of the fair market value of their assets each year in grants and administrative expenses.