Chapter 1806 Christmas Day Activities
For capitalists, establishing a foundation can not only achieve tax deductions and wealth transfer, but American law also allows foundation funds to enter the investment market.
Therefore, American foundations can manage their assets like ordinary enterprises, participate in market competition and profit from them to achieve capital gains. However, the Yang family's charitable foundation has not gone too far in this regard and has not taken advantage of the benefits of charity. The pretext is to make a lot of money, but to make operational investments while ensuring the stable income of the foundation funds. To put it bluntly, it is capital-preserving financial management.
The main investment methods adopted by major foundations are nothing more than purchasing stocks, bonds, real estate investments, etc. In theory, all proceeds are used to fund social welfare undertakings, which is not inconsistent with its non-profit purpose, and is protected and protected by law. However, in actual operation, these investment behaviors have become an out-and-out profit-making behavior for the owners of the foundation to seek personal gain.
As for whether the investment will involve projects that are contrary to charity, they don't care at all. For example, if they invest in highly polluting enterprises in country Z, they will not think about the impact of this project on the local people. They only care about their own profits. This is The true face of capitalists.
In addition, using foundations to form interest alliances is also an important channel, especially communication with the government, so that the two have interests and each can get what they need.
First of all, for foundations, this partnership with ZF can increase their influence on ZF’s decision-making, making ZF a good helper for them to expand their influence and enhance profitability, and then enhance their influence on a wider range. Have greater control over industry, commerce, capital, etc.
As Rockefeller pointed out, "The Congress in Washington is our greatest helper, with ambassadors, congressmen, and ministers helping us to open new markets in the farthest corners of the world."
Secondly, for the government, the foundation can "quietly" fill in the gaps for the government and do things that the government "has not done, cannot do, or is unwilling to do."
This is not only reflected in the fact that the foundation can make up for the government's lack of funding, help the government alleviate social conflicts, meet social welfare, develop culture and education, etc., but it can also become an effective carrier for exporting American values and ideologies, and even handle diplomacy. aspects of affairs.
The most direct manifestation of the close connection between the two is that personnel from both parties can come and go freely. Many government officials in the United States have connections with the foundation.
The Rockefeller Foundation alone has contributed to three secretaries of state.
The Yang family's foundation has only been established for a short period of time and its foundation is not deep enough, but it will definitely follow this path in the future. Only in this way can the Yang family's long-term prosperity be guaranteed.
On Christmas Day,
After Yang Cheng and Luo Yue arrived at the foundation by car, they immediately met with the direct managers of several foundations. After a brief reporting meeting, they participated in several small activities in the office of the charity foundation. It's nothing more than inviting children from nearby poor families to play games and giving out some small gifts, game consoles or food.
Yang Cheng was very familiar with this kind of activity, and he was extremely kind and friendly during the whole process. Of course, he couldn't do anything that he would dislike afterwards, but in his opinion, such an activity was too boring, and the form outweighed the actual meaning.
Just looking at the circle of reporters around, you can tell that the real purpose of similar activities is to promote publicity and create a sense of presence.
After finally finishing the activity, Yang Cheng's smiling face froze, and he took Luo Yue to rest for a while in the conference room. The meeting would continue in a while.
While there was no one in the conference room, Yang Cheng put Luo Yue's calf on his lap and massaged it gently. He must have been sore after running in high heels all morning.
But Luo Yue was a little shy, after all, she was outside, "I'm fine, no need to press it, it's not good if someone comes in and sees it~"
Yang Cheng didn't take it seriously, "What's the point? I massage my wife, not others. I see it when I see it. Maybe she will envy us."
Just as he was talking, there was a knock in the conference room. Luo Yue withdrew her legs at the speed of light. When she had time, she glared at Yang Cheng, as if to say: Look, someone is coming, right? Fortunately, I responded quickly!
Yang Cheng had no choice but to put his empty hand, so he had no choice but to touch his nose and shout, "Please come in."
The person knocking on the door was the secretary of the person in charge of the family fund upstairs, "Mr. Yang, the upstairs is ready, you can go up~"
Yang Cheng hummed, "Let's go now~"
The family foundation has always been in charge of a second-generation Chinese. He has worked in the foundation for almost 30 years. He has gradually risen from the earliest intern to the position of person in charge. His ability is not that great, but his loyalty is the key. , in the past, this was almost the role of the landlord’s old financial accountant, and his authority was not unimportant.
Arriving at the conference room upstairs, Yang Cheng took the seat at the head of the table. Opposite him was Ou Licheng, the person in charge who was over fifty years old. Yang Cheng usually called him Uncle Ou~
He smiled politely, stretched out his hand and said, "Uncle Ou, let's start~"
Uncle Ou's ancestors are from FJ, and his father came to the United States very early to work hard. He can be said to be born and raised in the United States. If he didn't have a Chinese face, he would be no different from an American. Of course, these descendants educated by the older generation, I am still very stubborn about my bloodline, and my family education is relatively traditional. I have not forgotten the Chinese culture.
“Okay, today’s meeting is mainly to introduce the foundation’s plans for next year. In the past few years, our foundation has been investing in very large companies, focusing on long-term holdings.
Coca-Cola, Nike, Boeing, Wells Fargo and other leading brands involved in various industries all have our investments.
However, due to the plummeting oil prices this year, we have gradually reduced our shareholdings in traditional energy. Now the foundation has a cash reserve of up to 8.6 billion US dollars, and we need to invest it as soon as possible.
It just so happens that Jason is here today. I hope you can give us some suggestions. "
Yang Cheng was fine, but Luo Yue's jaw almost dropped as he watched. The cash reserves alone were more than 8 billion. How much were the stocks that had not been converted into cash worth?
Sure enough, the outside world's speculation about the Yang family has always been at a low level. Not to mention the outside world, even the own family's estimate of the Yang family's strength has also shown huge deviations.
Just kidding, someone once said that the Yang family was only as strong as this, and I really wanted them to come and listen to today's meeting.
This is Luo Yue's true thoughts at this time. If she had attended this meeting a year ago, she would inevitably have thoughts of reaching out to others. This is not a marriage, it is obviously the Yang family who is helping the poor.
Well, Luo Yue also underestimated the influence of her surname among the Chinese community, otherwise she would not have had such an idea. Taking a step back, with Yang Sen's wisdom, can he do a loss-making business?
Nine Heavens God Emperor
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