[TheForge] ABANA support

Andrew Vida osan at netlabs.net
Wed Oct 24 12:20:52 EDT 2007


Is the fund growing?  It must be grown in order to remain viable - 
otherwise it loses value on a daily basis and in ten years will be worth 
perhaps half its current purchasing power.  The endowment should be 
about 20x the size.  If it were, ABANA could run on its own pretty much 
in perpetuity.

> It generates about $7k per year interest which is used exclusively to
> fund the scholarship programs.

	But are there any plans to expand this?  I think there should be.  This 
is precisely one of the things ABANA would be great for.





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