The Prohibition Party is still around because of a trust that funds them indefinitely.
But nobody cares about the Prohibition Party.
Some ecclesiastical organizations have this sort of perpetual funding. Sometimes via taxes, and sometimes investments.
But it doesn’t make the organizations insanely powerful. The Catholic Church in Germany is hardly a political player.
Trinity Church in New York has a billion dollar endowment. They’re not big players in the US religious landscape.
Real power requires more than money.
It seems what it does is ensures some person 150 years from now will have a cushy job with little power or responsibility, but lots of cash.
The Prohibition Party is still around because of a trust that funds them indefinitely.
But nobody cares about the Prohibition Party.
Some ecclesiastical organizations have this sort of perpetual funding. Sometimes via taxes, and sometimes investments.
But it doesn’t make the organizations insanely powerful. The Catholic Church in Germany is hardly a political player.
Trinity Church in New York has a billion dollar endowment. They’re not big players in the US religious landscape.
Real power requires more than money.
It seems what it does is ensures some person 150 years from now will have a cushy job with little power or responsibility, but lots of cash.