 |
 FGIC is an active participant in the non-profit sector, providing credit enhancement for bonds issued by 501(c)3 corporations. This sector includes cultural and charitable institutions, membership organizations, research institutions, and endowed foundations. FGIC's underwriting review includes admission and membership fees and trends, fundraising, auxiliary enterprises, financial performance, endowment and spending policies, and overall legal covenants. |
|
  |
