Regenerative Criterion

Definition

The test for whether a capital system is fully regenerative: it must satisfy both Δ (decoupled from fragility) AND Λ (aligned with mission). Most systems satisfy neither; endowments satisfy Δ but not Λ; grants satisfy neither; PSC satisfies both.

Formula

Example

Evaluating a foundation: Does capital survive political changes? (Δ) Does deployment timing match mission needs? (Λ) If both yes, it's regenerative.

Source

RCA Section 3.3