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by chr15m
28 days ago
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> The point is the Foundation is rich. Seventeen-plus months of operating runway in the bank. I don't think "rich" is the correct way to describe this. It sounds like a lot of money but there are a lot of expenses and people to pay. Seventeen months sounds fragile - one long-ish recession and they're toast. I hope they survive. |
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In the event of a recession they could easily scale spending down to match.