Money for reasonable reserves is money you need...
On Dec 21, 2012 4:22 PM, "David Gerard" <[email protected]> wrote:

> On 21 December 2012 16:18, Thomas Dalton <[email protected]> wrote:
>
> > Raising money you don't need would be a gross breach of a charity
> trustee's
> > fiduciary duties...
>
>
> Citation needed.
>
> When WMF didn't have a financial buffer, people bitched about it. Now
> it's getting one, people are bitching about that. Often the same
> people.
>
>
> - d.
>
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