Y
Hacker News
new
|
ask
|
show
|
jobs
by
nine_k
124 days 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.
1 comments
erk__
124 days ago
Well 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-annua...
link
https://wikimediaendowment.org/annualreports/2023-2024-annua...