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John Palfrey

@jpalfrey ↗

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Last Checked July 14, 2020

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Thu Jun 11 15:23:06 +0000 2020

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John Palfrey @jpalfrey

https://t.co/tcWu547TSV — PolitiTweet.org

Posted June 11, 2020

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John Palfrey @jpalfrey

@JenniferFearing @macfound Thanks, Jennifer--not sure exactly. @macfound is at $6 bn+ in endowment assets, for instance. We are committing an additional $125 m raised through bonds above our payout that will be a little over 7% this year for charitable purposes. So gets us btwn 8-10% payout likely. — PolitiTweet.org

Posted June 11, 2020

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John Palfrey @jpalfrey

@JenniferFearing @macfound Not by public law but perpetuity is in our charter, so effectively, yes -- we are bound to honor donor intent. So @macfound could not spend down. More complex than Twitter allows of course. — PolitiTweet.org

Posted June 11, 2020