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> The bottom line is that the sale netted us about US $108M, and we expect to grant at least US $5 million per year on an ongoing basis, depending on how our in
by ed25519FUUU 6y ago
> The bottom line is that the sale netted us about US $108M, and we expect to grant at least US $5 million per year on an ongoing basis, depending on how our investments perform, to a wide variety of Internet and amateur radio digital communication projects. To date we have made about $2.5 million in grants, so we're only getting started."
Provided they stay true to the goal, and don’t capture the money for themselves via “administration costs”, this this is probably a good thing for amateur radio in the long term.