3 ms·
Foundations are supposed to be self sustaining without actually selling anything, so they require large endowments to endure. That $50M could sustainably spit o
by arglebarnacle 9y ago
Foundations are supposed to be self sustaining without actually selling anything, so they require large endowments to endure. That $50M could sustainably spit off as much as $2.5M/year, funding ongoing development indefinitely.