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942: Don't Start or Donate to a Not-For-Profit Organization (until you consider this...)

Radical Personal Finance

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The 20-Year Rule for Funding a Project

I'm making up the 20-year number just based upon a gut instinct. But it's hard for me to imagine any project that is worth doing that there's going to be any sign of success if it endures for more than 20 years. Probably the most inspirational example would be the Apollo Moon Project in the United States. So let's give us an extra 10 years, about 20 years, and let's be focused on our results. If we're not getting results, I'm not saying that all problems can be solved in 20 years. That's not my point. What I'm saying is that the organization is probably unnecessary, and that organization should probably disappear.

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