Quote Originally Posted by Olsingledigit View Post
Educated guess at $5 mil
I don't believe the endowment has been fully funded. Also I believe the goal was to use the Sadler's initial contribution to encourage others to find the endowment as well. I'm not sure the exact sum to date, but that's probably pretty a little high as I understand the Sedler contribution is being funded over time. Also bear in mind it's structured as an endowment, so only the earnings will be touched. So assuming there's $5mm funded (and again I don't think there is yet), that's about $250k/yr (paying out at the education standard 5%).


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