Northern Light
Superstar
To add to the above, in addition to the 50M in capital, the Westons will be contributing 2.15M per year, every year, for 20 years for maintenance.
That's 43M, for a total contribution of 93M here.
Its curious to me that they went this route. If they donated 40M all at once, in a Conservancy, it spins off 1M per year, forever (roughly based on average ROI after inflation).
But, if you do that and don't spend it for 20 years (assuming this were for major work which won't be required when everything has just been renewed), you could easily double that, and provide 2M or more per year, forever.
That's 43M, for a total contribution of 93M here.
Its curious to me that they went this route. If they donated 40M all at once, in a Conservancy, it spins off 1M per year, forever (roughly based on average ROI after inflation).
But, if you do that and don't spend it for 20 years (assuming this were for major work which won't be required when everything has just been renewed), you could easily double that, and provide 2M or more per year, forever.




