alt Hacker NewsIf the WMF had a dollar for every proposal to spend Endowment-derived funds, their Endowment would double and they could hire one additional grant-writer
If the WMF had a dollar for every proposal to spend Endowment-derived funds, their Endowment would double and they could hire one additional grant-writer
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.