The Charity of American Millionaires [7]
论文作者:佚名论文属性:短文 essay登出时间:2009-04-17编辑:黄丽樱点击率:21409
论文字数:6484论文编号:org200904171540455686语种:英语 English地区:中国价格:免费论文
关键词:American millionairecharitable donationcharity foundation美国富豪慈善捐助慈善基金会
he improvement of revenue and law and its own development. On the other hand, there always appeared some bad news about government, such as, corruption and bribery. People always thought that government is inefficient. American millionaires were unwilling to give their money to the government, because they thought that government would not use the money in correct fields or waste their wealth. They only wanted to give their wealth away at their wills or use their money in those fields which need money. So, most millionaires give their money to some special charity foundations. And there were many millionaires choosing to set up charity foundation named after their name, such as, Rockefeller Foundation, Bill and Melinda Foundation, and Ford Foundation.
There are about four kinds of charity foundations in America. The independent foundation is the first one. Most of its funds come from individual and family. This kind of foundation is to finish some projects of all kinds of organizations. In terms of the area of donation, it could be divided into two categories. Some of independent foundations are managed by family which is the donator. It was also called family foundation. This kind of foundation is the most important foundation. Another one is community foundation. Its funds come from all of the people. Company foundation is also one form of foundation. Its funds are from Profit Company.
Why would millionaires like to donate to foundations or set up foundations? The main reason is that foundations have their good management. In fact, the main role of foundation is to hire persons with ability. The purpose is to search the right target or project. So, these foundations’ owners are professional managers. These managers’ task is to look for proper projects and special good charity organizations. They need not think how to use the money. On the other hand, charity foundation is not only collecting funds, but also making the money increase in value. Through this channel, people’s donation increased. And the charityfoundation not only needn’t worry about money, but also always have its reserve.
American charity foundation could gain people’s trust. That is because of its prescriptive operation. In America, as the charity foundation was founded, it must collect donation constantly. The supervisor also must assure increasing the value. And he must also be in charge of some charity activities and make propagandas to get money and use money. Many of them also undertake some profitable investment to increase the value of charity funds. One of the methods is that the foundation could buy funds, stock, debentures, and so on. The other one is doing business.
Government and the public supervise these charity foundations. Each charity foundation must make its financial report to government. If government find that the directors did not work on their duty, they will be required to take out their own fortune. The public also supervise these foundations. They donate only to those foundations whose management was the best through their supervision. For example, DAYTON—The Dayton Foundation has topped 300 million dollars in assets—reaching a new milestone and edging it closer to the top of all community foundations in the country. The foundation got many donations from the public because of their good management. Millionaires supervise foundation more carefully because of their large donation. And many millionaires were willing to set up foundation b
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