Financial endowments are designed as perpetual gifts to a non-profit, foundation, or public institution.
Unlike regular donations, 100% of the funds from an endowment are invested – leaving the organization with perpetual access to the interest it generates.
This system enables organizations to run (near) indefinitely because the original capital stays untouched.
We must treat our natural resources the same – running exclusively off the interest it generates without eating into the very capital the interest depends on.
Of course, we also have to make sure that the investments we make with that capital align with everything we stand for…
But that’s a whole other conversation.