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STL comments on Alcor vs. Cryonics Institute - Less Wrong Discussion

27 Post author: prespectiveCryonaut 09 April 2012 01:49AM

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Comment author: [deleted] 09 April 2012 01:03:55PM 16 points [-]

the Board had decided to put the other $3.5M into an Endowment and withdraw only 2% per annum, or about $70,000 per year, for Alcor's operational needs.

Have they stuck to this plan, or has the piggy bank been smashed open?

Comment author: maxmore 09 April 2012 06:54:41PM 11 points [-]

Alcor has stuck to this plan. The board takes it very seriously. Not only have we not taken out more than 2% per year, the board have frequently pushed to add more to the Endowment Fund even where it could legitimately be put into operations.

Comment author: wedrifid 09 April 2012 09:08:00PM 8 points [-]

the board have frequently pushed to add more to the Endowment Fund even where it could legitimately be put into operations.

By 'pushed to add' do you mean took actions that actually resulted in adding or that they made a noble effort?

Comment author: maxmore 12 April 2012 06:09:24PM 3 points [-]

I mean that when we received some income that was not definitely specified for a particular purpose, when I suggested that some of it go to operations, the board unanimously insisted it all go into the Endowment Fund.

Comment author: [deleted] 10 April 2012 04:21:22AM 1 point [-]

Thank you - this significantly raises my opinion of Alcor.

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