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Brian action established the signal foundation with an initial $50mm grant.
by randall 6y ago
Brian action established the signal foundation with an initial $50mm grant.
- chillacy 6y ago* $50MM loan The key distinction being that loan will need to be repaid. > The initial $50M in funding was a loan, not a donation, from Brian Acton to the new nonprofit Signal Technology Foundation. By the end of 2018, the loan had increased to $105,000,400, which is due to be repaid on February 28, 2068. The loan is unsecured and at 0% interest.[5] https://en.wikipedia.org/wiki/Signal_Foundation https://en.wikipedia.org/wiki/Signal_Foundation
- randall 6y agoIt's probably some tax dodge or something.