[Foundation-l] [Announcement] Sloan awards Wikimedia USD 1m annually for three years

[Thomas Dalton]

On 26/03/2008, Geoffrey Plourde <geo.plrd at yahoo.com> wrote:
> Yes, saving for the future is wise, even if it is just $100 a month.

I'm not sure $100/month is going to cut it... it might help for
building up a contingency fund (slowly), but not an endowment. For an
endowment you need enough so that you get enough interest that you can
get by without having to touch the capital - that requires quite a
large sum.