2004 exam, #6 part A(i)

The answer key describes the “willingness” and “ability” of the foundation to take risk. Generally, do we do this for institutions? On the 2008 exam (#3c), they say “STATE AN APPROPRIATE RISK OBJECTIVE FOR TEPP”. The answer key doesn’t go into “willingness” and “ability” - although there’s enough info in the vignette to state for both… thanks