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Not directly. However, someone that is awarded a Purple Heart may well have received injuries that disable them, and they are likely to be discharged from the military and receive disability payments for the rest of their lives.

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Q: How much money do recipients of the purple heart recvive?
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Continue Learning about General History

Did they have dark purple togas in ancient Rome?

purple was rare and expencive around the Mediterranean. Only the rich could buy it. it showed you had lots of money.


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Generational equity pertains to the management of schools' and colleges scholarship investments. The broad goal is to preserve this particular form of balance, or equity. The specific aim is neither to advantage current scholarship recipients with an overly-generous endowment payout rate (which would dis-advantage future generations of scholarship recipients), nor to favor future generations by unduly reducing the payout to this year's recipients. Many endowments calculate their payout on a three-to-five-year rolling average, which smooths out short-term fluctuations in fund value. Management of scholarship funds must be carried out in view of a payout rate that respects generational equity; allows sufficient basis points to cover administrative, asset management and accounting costs; and preserves purchasing power through retention of an agreed-upon level of earnings to offset inflation. Definition furnished by Ed Seeger, former executive director of the Texas A&M-Corpus Christi Foundation. edseeger@earthlink.net or eseeger@ppas.org. Currently vice president for institutional advancement at Presbyterian Pan American School, Kingsville, Texas.


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