[Wikimedia-l] Wikimedia (Foundation) endowment

[Manuel Schneider]

Thanks Andrew and Philippe for your explanation and links.

So that is a plan to build a reserve of funds that is so big that the
operation can be funded by the capital's gain - interest, dividends...

Sounds interesting, even though the endowment must be huge to cover our
yearly budgets. Another problem is that it is currently very hard to
find an interesting investment with low risks. Interest rates have been
reduced by the major central banks in order to overcome the global
recession, many formerly safe and interesting investments became risky
and those who are still safe partly have even negative interest rates
(eg. german state bonds).


/Manuel
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