4 ms·
This seems like a prudent decision on the part of the ARDC, and potentially a good boost to lots of interesting radio-adjacent projects. Hopefully they can mai
by leoedin 6y ago
This seems like a prudent decision on the part of the ARDC, and potentially a good boost to lots of interesting radio-adjacent projects.
Hopefully they can maintain their organisational culture. Large amounts of money can be very damaging to organisations which aren't set up to handle it.
- CydeWeys 6y agoFor their (and their mission's) sake, I hope they treat it like an endowment, amend their charter now to lock it up, and then only use the proceeds.
- drmpeg 6y agoYou can read about their investments here: https://www.ampr.org/about/legal/ https://www.ampr.org/about/legal/ At the bottom of the page are the audited financial statement and tax return for 2019.