[Foundation-l] Putting the Foundation back in WMF

[Ray Saintonge]

Thomas Dalton wrote:
> Being able to fund activities off capital gains would be very useful,
> but really it requires large endowments to work. Building up a fund
> from small fundraisers isn't going to work.
Capital gains are not a reliable investment, especially not in the short 
term.  Short term capital gains are mostly a matter of good luck.

Ec