[Osmf-talk] Consultation on fundraising strategy

steveaOSM steveaOSM at softworkers.org
Fri Mar 17 00:24:35 UTC 2023


On Mar 16, 2023, at 5:10 PM, Steve Coast <steve at stevecoast.com> wrote:
> ...some very good ideas!

I also briefly add that a longer-term goal for OSMF might be to seed / create / grow a deep-future oriented "endowment," much like universities.  Target the amount of the invested capital so it produces so much in terms of dividends / interest / "profit" that this (alone) is sufficient to fund organizational operations.  Yes, this can take substantial time to achieve, but it's easy to see the benefits.  And, the endowment can (and does, in some cases) even grow beyond operational expenses to become a "rainy day fund" well into the future.

I don't think I'm telling the smart people who are doing these things anything they don't already know, but our input into a wider, public forum was solicited, so here it is.


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