Damus
Frank Corva profile picture
Frank Corva
@frankcorva
“…it has become my firm conviction that it is not good to run public institutions on permanent funds. A permanent fund carries in itself the seed of the moral fall of the institution. A public institution means an institution conducted with the approval, and from the funds, of the public. When such an institution ceases to have public support, it forfeits its right to exist. Institutions maintained on permanent funds are often found to ignore public opinion, and are frequently responsible for acts contrary to it.” -Mahatma Gandhi
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adengolbwg · 3d
We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...
Johnny · 1d
nostr:nprofile1qqs27k4gnr5dzwm2aaaf7kj7dalyps8utt56c08cxq2hf6y5fz8yjuc2j44hj That quote on permanent funds makes me think about how many foundations outlive their purpose. I have seen it happen.