{"id":19549,"date":"2017-07-18T09:30:41","date_gmt":"2017-07-18T08:30:41","guid":{"rendered":"https:\/\/jurnsearch.wordpress.com\/?p=19549"},"modified":"2017-07-18T09:30:41","modified_gmt":"2017-07-18T08:30:41","slug":"well-endowed","status":"publish","type":"post","link":"https:\/\/jurn.link\/jurnsearch\/index.php\/2017\/07\/18\/well-endowed\/","title":{"rendered":"Well endowed"},"content":{"rendered":"<p><a href=\"https:\/\/culanth.org\/articles\/804-financing-open-access-introducing-friends-of\">&#8220;Financing Open Access&#8221;<\/a> at <em>Cultural Anthropology<\/em> gives a figure on production costs.  Apparently it costs them $50,000 a year to run a polished fees-free open access journal in the form of <em>Cultural Anthropology<\/em>.  I&#8217;m not sure if that $50k figure is a notional &#8220;if people were actually paid&#8221; or a more grounded &#8220;people are actually paid, now&#8221;.  A Google site: search of \/culanth.org\/articles\/ suggests around 1,000 articles and short notes since 1986, and a current production rate of approx. six articles per quarter, plus another half-dozen short notes. One of the best long-term options, according to the article, seems to be&#8230; <\/p>\n<blockquote><p>&#8220;Establishing an endowment. The experts with whom FoCA has consulted have unanimously advised that an endowment is, by far, the best way to stabilize <em>Cultural Anthropology<\/em>\u2019s financial situation in the long term.&#8221;<\/p><\/blockquote>\n<p>At a guess a $1.5m endowment donation would presumably perform at around 5% income, or $75,000 per year.  Meaning $50k income per year, plus a $25k buffer for re-investment \/ management fees \/ mismanagement insurance.  $1.5m is ambitious, but a slow crowdfunder + some chunky legacies in wills might do it. Once it&#8217;s in, it&#8217;s there forever.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Financing Open Access&#8221; at Cultural Anthropology gives a figure on production costs. Apparently it costs them $50,000 a year to &hellip;<\/p>\n<p><a href=\"https:\/\/jurn.link\/jurnsearch\/index.php\/2017\/07\/18\/well-endowed\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-19549","post","type-post","status-publish","format-standard","hentry","category-economics-of-open-access"],"_links":{"self":[{"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/posts\/19549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/comments?post=19549"}],"version-history":[{"count":0,"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/posts\/19549\/revisions"}],"wp:attachment":[{"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/media?parent=19549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/categories?post=19549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jurn.link\/jurnsearch\/index.php\/wp-json\/wp\/v2\/tags?post=19549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}