Under the current legislation, the foundation is required to spend the capital and all interest in 10 years, beginning from the first issuing of a scholarship by the foundation. So our directive in obeying the law is to reduce the endowment to zero at the end of the 2008-09 academic year. At that time it will be a matter of decision for the government as to whether we receive more money.
On May 30th, 2006. See this statement in context.