[jandrese]

From an investment standpoint it can make sense to convert a slow but reliable income stream into a big chunk of cash that you can invest in riskier assets with higher returns.

[Retric]

The math is different for non profits as they are excluded form income taxes where a for profit company is going to be heavily discounting the value of that income stream.

Thus, it would generally be better for the non profit to simply take a loan out based on the income stream and invest that.