I am also very involved with a local charity and have a long-term goal of providing an endowment so the charity's work can continue long into the future. 

The number one and two holders of timber in the US  are  the Harvard endowment fund and John Hancock.. there is a reason for that.. follow in your dads footsteps the timber business was very very good to me and its a great business.

It's still possible to find cash flow in MD, though my higher-end Owings Mills property brings nowhere near those returns.

@Matt R.https://www.kcet.org/shows/city-rising/city-rising... this is on KCET "public television" It's sponsored by CALIFORNIA ENDOWMENT who gets funding from California Governemnt CALIFORNIA ENDOWMENT gets $billions from the govenemrn then pours it into Tenantstogether.org So essentially our taxes are paying this organization who wants to increase government control of private property.... thus upping their control and paying government worker salary.

Also Harvard endowment is a HUGE NW timber owner. along with others. 

I currently work as an investment consultant for institutions such as healthcare organizations, endowments & foundations, defined benefit plans, defined contribution plans, etc. 

This is also true for those marginally performing managers who control the multibillion dollar Harvard and Yale endowment funds.  

Isn't that like robbing peter to pay paul.Those investors include pension funds, university endowments, etc....I don't get it.

You cannot put higher than a specified ratio of money into the cash value because you'd be in danger of reaching what is called MEC (modified endowment contract).  

He was hoping to deed the graves to the relatives, or maybe a church with an endowment fund, but that was not worked out when I looked at the property.