Saving lives, changing lives, moving science forward - all better than 6-10% returns.
Kind of the whole point of charities is that the work they do is a better return than the market. Otherwise, every charity would be an endowment and they would just consume the 6-10% annual returns for their work.
Kind of the whole point of charities is that the work they do is a better return than the market. Otherwise, every charity would be an endowment and they would just consume the 6-10% annual returns for their work.