Reborn as a tycoon in Hong Kong
Chapter 680 Charitable Fund (two-in-one)
"Alan, how exactly is your charity fund arranged?"
Bush asked aloud. He was very concerned about this matter now because it may be related to his son's future future.
"The focus of my career is in Hong Kong. I have businesses in the United States, Japan and some European countries, but the core is still Hong Kong, Japan and the United States."
"Since I want to set up a charity fund, it is impossible to set up a charity fund only here in the United States. As long as the company under my name can reach places, the charity fund will do its work."
"However, just as the core of my career is in Hong Kong, Japan and the United States, my charitable foundation is also focused on these three places."
"No matter where the charity funds are, I will establish two charitable funds that are not affiliated with each other. They are private charity funds and do not raise funds from the outside."
"Take the United States as an example. The reason why two charitable funds are established is because the two charitable funds accept donations from different objects. One accepts profit donations from my sole proprietorship; the other accepts my shareholding but is not a sole proprietorship. profits donated."
"For any company that is not my sole proprietorship, I have to discuss with other shareholders whether to make charitable donations and the specific amount of donations. I cannot ignore the interests of other shareholders. Moreover, even if I accept donations, some charitable acts of charity funds sometimes have to be carried out. Taking into account the interests of the relevant companies, it is likely that some commercial charity promotion activities will be carried out, so all aspects must be taken into consideration.”
"The donations from my sole proprietorship are different. Every year, no less than 5% of the profits will be donated to the charity fund. The charity fund will then carry out charitable activities according to the plan, without considering any commercial behavior, without considering the gains and losses of profits, only doing Pure charity, really doing something good.”
Lin Baicheng explained his general plan. It was not a trade secret and there was nothing to hide.
Lin Baicheng had already thought about doing charity, and he was not planning to donate money to other charities such as the Red Cross. Before his rebirth, he had seen too many shady news about charities, so he chose to do charity himself.
What’s more, doing charity by yourself can also increase your influence. If Lin Baicheng can become a world-renowned philanthropist, then even if American capital wants to deal with him, he must be wary of his international reputation.
Although it may not be useful, after all, the United States does many things regardless of its international reputation, but having a charitable halo is better than nothing.
"Alan, you think more comprehensively. It seems that you have been thinking about it for a long time, Alan."
After hearing this, Bush couldn't help but said that he doesn't pay attention to charity funds in other countries now, but only pays attention to charity funds here in the United States. Whether it is two charitable foundations or one charitable foundation, the size of the charitable foundation is very important to him.
"Alan, how big will the two charitable foundations you plan to establish be?"
"For companies with other shareholders, I have to wait until the charitable fund is established and then discuss with other shareholders to see how much they will donate to the charity fund every year. Therefore, it is impossible to determine how much donation can be received every year."
"It is my sole proprietorship. Since it has just been established this year, if the total donation does not reach 30 million U.S. dollars, I will make up the remaining amount. And if there are no big surprises in the annual donations, it will not be less than 10 million U.S. dollars. Usually it will be It’s bigger than that.”
It is now 1980, and the donation received is the company's profit in 1979. Not to mention how much profit Lin Baicheng made from private investment last year, the profit of Golden Fleece Company last year alone was as high as more than 300 million U.S. dollars, and 5% is more than 10 million U.S. dollars.
Golden Fleece Company's huge profits last year may not be there in the next few years, but this is not the only Lin Baicheng's wholly-owned company in the United States, there are Starlight Company, etc. If so many companies make 5% of their annual profits, it will not be enough to make up one thousand. If it's $10,000, that would be unqualified in Lin Baicheng's opinion.
"Alan, you are as generous as ever."
Bush didn't know what to say after hearing this. The US$30 million in charity funds was almost equal to his entire net worth, and it was one of the funds in the United States. According to Lin Baicheng's words, Japan and There will also be two funds in Hong Kong and Jiangsu.
In other words, the funds used for charity alone are probably hundreds of millions of dollars, which is so much.
Lin Baicheng said: "If George W. Bush is willing, I can make him one of the directors of one of the two charity funds. I think he can use the platform of the charity fund to let more people know him and gain public support." .”
"As long as you are doing charity and the charitable funds are used in real ways, you can do charity anywhere, as long as the objects you help are within the scope of the fund's assistance goals."
"That's a good thing."
Bush immediately said: "The Bush family has always had a philanthropic heart. Not only Walker, but his brother Jeb also has a philanthropic heart. If Ellen can give them a platform to show their love, I will be grateful." "
Of course, Bush Sr. is not the only child of Bush Jr. He has three sons and two daughters, of which the eldest daughter has passed away. One of the three sons is engaged in business and oil industry and is not interested in politics. Bush Jr. and his other son Jeb Bush are both preparing to Enter politics.
Jeb Bush is the second son of Bush Sr. He was born in 1953. The reason why he is not here today is not because Bush Sr. favors Bush Jr., but because Bush Sr. prefers his second son because he is mature and sensible. He believes that his second son will be more important in politics. There will be higher achievements in the future, and the reason why the second son was not introduced to Lin Baicheng today and Lin Baicheng became the second son's network was because the second son was not in Houston.
The second son, Jeb Bush, is currently engaged in business in Miami, involved in real estate development, and has established close ties with the Elephant Party in Dade County. His contacts are all there. In the future, he will start his political career in Florida, so there is no chance to introduce him this time. The second son met Lin Baicheng.
However, now that he has learned that Lin Baicheng is going to establish a charity foundation, which is a good thing that will be very helpful for his political career, Bush Sr. will certainly fight for his second son, who he is more optimistic about. The earlier you enter the political arena and make achievements earlier, the sooner you can achieve higher achievements in the future.
"Of course, no problem. I just want to set up two charitable foundations. Then let George W. Bush and his brother choose one."
Lin Baicheng didn't know about Bush's younger brother before he was reborn. Now he knows about the members of the Bush family, but he doesn't know about Bush's younger brother's future achievements. The only thing he knows is that he will not become president in the future, and he should not even become vice president. president.
However, since Bush Sr. has said so, Lin Baicheng will certainly not fail to give Bush Sr. face. What he is doing now is to make good friends with the Bush family. If Bush Sr. requests it, he will be even happier.
Besides, Lin Baicheng knows that his rebirth has changed the future, so it is impossible to say whether George W. Bush can become president in the future or whether Jeb Bush will have higher achievements. Therefore, becoming a supporter of Jeb Bush does not mean harm.
"Ellen, I will definitely keep your friendship in mind."
Bush once again made a disguised promise and said: "Someday, I will ask Jeb to come back and let you meet Alan and examine his abilities. I believe he will not let you down."
"Next time."
Lin Baicheng said: "The charity fund has not been established yet. When the charity fund here in the United States is established, I will take the time to come over. I will definitely invite some people then. I will meet with him then."
Bush next to him suddenly said to Lin Baicheng: "Mr. Allen, can you tell me the approximate time when the charity fund was established? I will arrange the work at hand here and enter the fund as soon as possible."
Lin Baicheng said: "I need to find professionals for the charity fund who are willing to dedicate themselves to charity, so it will take some time, but it will not be later than July."
"Alan, if the charitable fund can be established before July, Mr. Reagan will need your support then."
Bush knew that even if he didn't say anything, if he learned that Lin Baicheng was going to establish a charity foundation, Reagan would definitely seek help from the charity fund. What's more, he was also a member of the campaign team, and his interests were tied to Reagan.
During the presidential campaign, even a piece of free bread is likely to win the support of a voter, not to mention the large-scale dispersion of money by charitable funds, which has a considerable influence on the presidential campaign.
For many people, no matter how good the pie drawn in the presidential candidate's campaign platform is, it is not as good as a piece of bread or a hamburger in front of them.
Therefore, if a presidential candidate "hardly persuades" charity funds to do charity and provide welfare benefits to the people, he will definitely win the favor of a large number of people, thereby increasing the probability of winning the election.
"I've always supported Reagan."
Lin Baicheng nodded. He understood what Bush meant and was not prepared to refuse.
Seeing Lin Baicheng agree, Bush Sr. said nothing more, thinking that Lin Baicheng's charity fund might be able to help him in the future.
Lin Baicheng and Bush Sr. then talked about other things, while Bush Jr. was still listening and basically didn't interrupt.
Before preparing to leave, Lin Baicheng glanced at Bush Jr. and said to him: "I have an Internet company that is preparing to go public in the near future. Because I have a large shareholding ratio, I will sell part of the shares before going public. If George W. Bush is interested, I can sell some to him."
"The company's shareholders include Goldman Sachs and Citigroup, as well as some other institutions. The stock price will undoubtedly rise sharply after the company is listed, but it is not impossible to break the stock price. Therefore, it is up to George W. Bush to decide whether to buy the stock."
It was said that he was selling shares to George W. Bush, but in fact, Lin Baicheng was giving some benefits to the Bush family in disguise. However, if George W. Bush didn't want to accept it or didn't want to take a little risk, he wouldn't force it.
Inviting George W. Bush and Jeb Bush to become one of the directors of the charity fund has achieved Lin Baicheng's goal, and the "friendship" with the Bush family has been strengthened, so it doesn't matter whether the other party accepts it or not.
"Let Walker decide this matter himself."
Bush Sr. said and looked at his son. No matter what decision Bush Jr. made, he would accept it. After all, his son was not his yes man, so he had to decide some things by himself.
"Thank you Mr. Allen."
In any case, George W. Bush thanked him first, and then said: "The company Mr. Allen invested in must be a good company. I am very happy to buy a small share of the company before it goes public and become a small shareholder."
Lin Baicheng nodded: "Okay, I will ask my assistant to contact you then. We will discuss the specific number of shares and price at that time."
"I will follow Mr. Allen's arrangements."
Of course George W. Bush has no objection.
Afterwards, Lin Baicheng said goodbye and left, declining Bush's invitation to stay for lunch, saying that he would not refuse again if he had the opportunity next time.
The Bushes and his son sent Lin Baicheng and his party out of the manor and watched the car leave.
As the car gradually drove away, the Bushes turned and walked back into the manor.
Bush Sr. said to his son: "Walker, taking this opportunity to formally meet Allen, you can get closer to him in the future and let him become your political supporter. This will not hurt you."
"I know, Father."
Bush nodded: "As for the share transfer that Mr. Allen mentioned before leaving, I will need your support then. I don't have that much money."
Upon hearing this, Bush did not agree or refuse, but asked: "Since you don't have that much money, why did you say you wanted to acquire shares and become a shareholder?"
"Mr. Allen transferred the shares to me before the company went public. This was a disguised gift to me to show his kindness to my father. I have no reason to refuse. Also, I can take the opportunity to have more contact with Mr. Allen and become friends with him. .”
"As for the problem of funds, I can borrow money from my father or get a loan from a bank, so I don't think funds will be a problem."
George W. Bush actually knew very well that his father's connections were not equal to his. If he wanted Lin Baicheng to be his helper after he entered politics, he himself had to become 'friends' with Lin Baicheng.
My younger brother also wants to enter politics. If his father asks his 'friends' to support his younger brother in the future, what will he do?
Capital resources are also limited, and it is impossible for both brothers to support it. And if those 'friends' of him and his father are also 'friends' at this time, then it goes without saying who they will support.
"What nonsense can you say to get you to go to a bank for a loan? I will definitely support you."
Bush will definitely support this kind of financial need to make connections and have a high probability of profit. This is different from his son who needs financial support from him to start a business.
George W. Bush: "Thank you, Dad."
"You should pay more attention to charity funds. Not only can you use this platform to make connections, but you can also create a charitable image and leave a good impression on the public. It is related to your future achievements, so you must do a good job when the time comes. Do things and don't let down the people who support you." Bush urged.
"I won't let you down, father!"
George W. Bush nodded heavily. He is now in his thirties, and he knows very well that important things related to the future must be done well.
Bush Sr. didn't say any more. He had already said what needed to be said, and the next step was to see his son's actual actions. All he needs to do is watch from the sidelines and give pointers when his son makes major mistakes. He can't do everything.
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