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A structural buffer that protects judgment from immediate financial consequence. Includes non-discretionary funding, reserves not contingent on single decisions, separation between operating budgets and controversial determinations, and insurance or indemnification structures. Where fiscal insulation is weak, every decision becomes a funding decision.
A foundation with a permanent endowment has fiscal insulation—controversial grants don't threaten existence. An NGO dependent on annual donor renewals has none—each decision is shadow-priced against funder reaction.
ACIJ Section 4.2