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If the endowment is invested so that it brings very conservative 3% a year, it means that it brings $4.32M a year. By doubling that, rather many grant writers c
by nine_k 9mo ago
If the endowment is invested so that it brings very conservative 3% a year, it means that it brings $4.32M a year. By doubling that, rather many grant writers could be hired.
- vscode-rest 9mo ago[dead]
- erk__ 9mo agoWell the last annual report I could find actually says that they got a return of 17.65% so 3% would be pretty bad https://wikimediaendowment.org/annualreports/2023-2024-annual-report/#toc-financial-accountability https://wikimediaendowment.org/annualreports/2023-2024-annua...