Foundations also generally follow their statutory requirement to disburse 5% of principal in charitable outlay. But that's not just grants. They get to count their overhead (salaries, buildings, office expenses) as part of that outlay, often while restricting their grantees to only 10% of project costs for overhead*
Increasing endowment percentage has been a huge push for many years. Yesterday, The MacArthur Foundation heard the call, and increased their outlay to.... wait for it.... you'll be thrilled I promise.....
/six/ percent**
*(everyone in small nonprofit's heads blew off over the amount of money universities apparently get for overhead when that came out last month, and not because the unversities are grifting, but because we all know that most of a project's costs are in fact so-called "overhead" which let me tell you leads to a lot of, shall we say, creative project budget writing)
Trump threatened reciprocal tariffs after Canadian Prime Minister Justin Trudeau said he would immediately impose a 25% tariff on $20.7 billion USD worth of U.S. goods and a 25% tariff on an additional $86.3 billion USD on American products within 21 days, warning that the U.S.-imposed tariffs will lead to Americans paying “more for groceries, gas and cars,” though Trudeau did not say which products would be subject to the additional tax.
Has there ever been a stupider baby in charge of anything ever?
Hello my cuss-mouth, waffle-tainted kumquats. Sorry to be dramatic, but I have A MESSAGE. Dramatic squirrel music please.
Hours ago, Trump vowed to end "trans mutilation," but trans bodies are not mutilated. We are Entartete Kunst given blood and breath. We are Klimt's obscene Veritas given voice. We are libraries of love at the tip of Trump's torch. Hated or cherished, we spark with incandescence, and we will be a bonfire of this revolution.
If ever you have loved a trans person, please read and share this post that puts the lie to the myth of trans butchery and mutilation.
Our beauty may be obscene, but our obscenity is truth.
' Investment firm Abrdn will add the vowels back into its name after dropping them in a rebrand that was widely mocked. '
The firm said it will now be called aberdeen group, with no capital letter at the start. In the past it has been Aberdeen Standard Life and Aberdeen Asset Management.
Its rebrand to Abrdn in 2021 was largely derided, with some saying it seemed like a typo, and others joking the firm had "irritable vowel syndrome".
Ta, Marcie. And hats off to MacKenzie Scott. I'm going to peek at the next post, but it's late so I bid you good night, beloved Wonketteers. I love and appreciate you all and I bless us all with love, health, peace, and grace. Be kind, especially to yourself, and please stay safe.
This is how a billionaire should act. Pay it forward. Many, many thanks to MacKenzie Scott for her personal commitment to make the world a better place.
I want to marry Mackenzie Scott but my wife says I can’t.
Foundations also generally follow their statutory requirement to disburse 5% of principal in charitable outlay. But that's not just grants. They get to count their overhead (salaries, buildings, office expenses) as part of that outlay, often while restricting their grantees to only 10% of project costs for overhead*
Increasing endowment percentage has been a huge push for many years. Yesterday, The MacArthur Foundation heard the call, and increased their outlay to.... wait for it.... you'll be thrilled I promise.....
/six/ percent**
*(everyone in small nonprofit's heads blew off over the amount of money universities apparently get for overhead when that came out last month, and not because the unversities are grifting, but because we all know that most of a project's costs are in fact so-called "overhead" which let me tell you leads to a lot of, shall we say, creative project budget writing)
**really wish we could still do the spoiler block
OK, how do we inspire Ms. Scott to fund the progressive Left's answer to the RW propaganda machine?
Elon Musk floats a solution to Tesla vandalism [https://www.notebookcheck.net/Elon-Musk-floats-a-solution-to-Tesla-vandalism.971848.0.html]
He'll fuck off to Mars?
Nope: He says the car could honk at people.
Trump Threatens More Tariffs Against Canada [https://www.forbes.com/sites/saradorn/2025/03/04/trump-threatens-more-tariffs-against-canada-heres-how-the-new-levies-could-impact-prices/]
Trump threatened reciprocal tariffs after Canadian Prime Minister Justin Trudeau said he would immediately impose a 25% tariff on $20.7 billion USD worth of U.S. goods and a 25% tariff on an additional $86.3 billion USD on American products within 21 days, warning that the U.S.-imposed tariffs will lead to Americans paying “more for groceries, gas and cars,” though Trudeau did not say which products would be subject to the additional tax.
Has there ever been a stupider baby in charge of anything ever?
Dumbfounding.
Congress devolved to Parliament.
A parliament of owls, yeah.
Hello my cuss-mouth, waffle-tainted kumquats. Sorry to be dramatic, but I have A MESSAGE. Dramatic squirrel music please.
Hours ago, Trump vowed to end "trans mutilation," but trans bodies are not mutilated. We are Entartete Kunst given blood and breath. We are Klimt's obscene Veritas given voice. We are libraries of love at the tip of Trump's torch. Hated or cherished, we spark with incandescence, and we will be a bonfire of this revolution.
If ever you have loved a trans person, please read and share this post that puts the lie to the myth of trans butchery and mutilation.
Our beauty may be obscene, but our obscenity is truth.
https://pervertjustice.substack.com/p/trans-butchery
I’ve never loved a trans person but they’ve been my students. They’re just people, usually nice people.
Puns I wish I had made:
' Investment firm Abrdn will add the vowels back into its name after dropping them in a rebrand that was widely mocked. '
The firm said it will now be called aberdeen group, with no capital letter at the start. In the past it has been Aberdeen Standard Life and Aberdeen Asset Management.
Its rebrand to Abrdn in 2021 was largely derided, with some saying it seemed like a typo, and others joking the firm had "irritable vowel syndrome".
https://www.bbc.com/news/articles/cz9nkeg79gyo
Play the crwth!
One forum I used to visit didn't block offensive comments, they'd just remove all the vowels from them. They called this "being dis-em-voweled".
Hey, hey Elon Musk!
Killing kids from dawn 'til dusk!
Ta, Marcie. And hats off to MacKenzie Scott. I'm going to peek at the next post, but it's late so I bid you good night, beloved Wonketteers. I love and appreciate you all and I bless us all with love, health, peace, and grace. Be kind, especially to yourself, and please stay safe.
Slava Ukraini. 🌻🇺🇦💙💛
This is how a billionaire should act. Pay it forward. Many, many thanks to MacKenzie Scott for her personal commitment to make the world a better place.
She (Scott) needs to purchase a health insurance company and make it a non-profit institution that supports women’s healthcare.
Cute stuff
The internet’s favorite bald eagles, Jackie and Shadow, just had hatchlings
https://www.nationalgeographic.com/animals/article/bald-eagle-hatchling-big-bear-valley
Floofballs!
Loved this article!
Made me feel better during a terrible time. :-\
Well, that was an infuriating tapestry of lies. Good thing I numbed out partway thru.
Nobody should be a billionaire.
But if you do find yourself with a billion dollars someday, this is how you be a billionaire.