3 ms·
The lesser of 3% of the value of assets, or 80% of any increase in value from the previous year, would allow operation in perpetuity. That said, anything opera
by logfromblammo 8y ago
The lesser of 3% of the value of assets, or 80% of any increase in value from the previous year, would allow operation in perpetuity.
That said, anything operating in perpetuity, under the direction of the dead, eventually becomes obsolete and potentially dangerous. The Earth belongs to the living. The charity should be required to distribute 100% of its assets immediately upon the death of the last of the heirs of the founders, who were alive at the time the founder from which they inherited died.