Reborn since 1993

Chapter 515 The waves behind the Yangtze River push the waves ahead

"I wonder what Mrs. Sarah thinks about charity?"

Yao Luoying had a good talk with Mrs. Sarah Reed. After seeing that Li Dongling had reached an agreement with Reed, Yao Luoying asked Sarah about it.

"Oh, of course. Reed and I are both interested in charity. We have participated in many charity auctions, including those held by the wives of the New York mayor and the state's wife. Reed was once the legal counsel for the New York Charity Foundation!"

Sarah said that charity auctions are also one of the most important gatherings for American celebrities and wealthy people. Like attending church activities, they are activities that reflect influence, identity and status. If you don't attend them often, you will be isolated, and they are no exception.

"Mrs. Sarah should be one of the most kind-hearted people in New York. I wonder if Mrs. Sarah is interested in establishing her own charitable foundation?"

Yao Luoying looked towards Sarah. This was something she had discussed with Li Dongling a long time ago. Since they were going to donate dollars to Johnny Reed and become his financial sponsor, they had to give the money out reasonably, legally and in compliance with regulations, without leaving any excuses. What could be better than a charitable foundation?

Charitable foundations are definitely the favorite tool of the wealthy in America and old Europe, if not the only one. This thing can not only bring a good reputation, but also avoid taxes. It can also be used to purchase luxury cars, yachts, and private jets without having to pay huge fees to the IRS. It can also be donated to legitimate congressmen like Reid. It is simply too damn useful.

Why do American billionaires like Bill Gates donate hundreds of billions of dollars to their own charitable foundations at every turn? Because it is tax-exempt.

Normally, if one passes one's wealth on to the next generation, one would have to pay tens or hundreds of billions of dollars in inheritance tax. However, if one passes it on through a charitable foundation, one would not have to pay that much money, which naturally attracts wealthy people to set up charitable foundations.

Although Reed was talking with Li Dongling and Larson, he was paying attention to Sarah. When he heard Yao Luoying's words, he couldn't help but prick up his ears.

"Establishing our charitable foundation?"

Sarah couldn't help but raise her voice by several decibels and covered her mouth with her hand.

Sarah is considered a newcomer in the circle of New York ladies. After all, it has only been a few years since Reed became a New York City council member. Sarah has seen how the charitable foundations established by the wives of other powerful people in New York operate.

Those charitable foundations and their managers appear on major news in New York every other day, donating to churches, distributing supplies to slums, organizing community activities, etc., which can be said to be quite glorious.

In addition to these obvious things, there are some invisible things, such as using the name of a charitable foundation to purchase season tickets and annual tickets for team games, purchase vehicles, reimburse brand-name clothes and jewelry, etc. These are all basic operations. Almost food, clothing, housing, transportation, including luxury goods, can be reimbursed through a charitable foundation.

Yao Luoying looked at Sarah in front of her, and exchanged a glance with Li Dongling. She felt that the woman in front of her was definitely not simple.

When she heard that a charitable foundation was being set up for her, she looked very surprised, but her eyes were filled with excitement and eagerness to try. It was obvious that she was not as simple as she seemed.

But it's easy to imagine that Sarah has followed Reed, from being a lawyer's wife to a city councilman's wife. She has probably seen all kinds of people and things. How could she be so easy to deal with?

"The greater the ability, the greater the responsibility. Mrs. Sarah cares about people in need in New York and America. She should establish her own charitable foundation to help more people in need!" Yao Luoying said.

Sarah looked at Reed, who nodded slightly. Reed knew that this charity foundation was the platform through which Feiyan Technology donated US dollars to him.

Seeing this, Sarah showed an interested look, but said with some "helplessness", "Of course everyone is willing to do charity, but raising funds may not be that easy..."

Hearing this, Yao Luoying couldn't help but understand, and said directly, "Feiyan Technology is willing to donate 500,000 US dollars to Mrs. Sarah's charity foundation for the establishment of the foundation.

In the future, Feiyan Technology will donate one million US dollars including cash and stocks to the charity foundation, and also hopes to make a small contribution to charity with the help of Mrs. Sarah's charity foundation!"

Cash is easy to deal with, but the key is stocks. There is a lot of room for maneuver. You can donate stocks of Feiyan Technology, or stocks of companies such as Yahoo.

It would be fine if these stocks were worthless, but if the stock price goes up, it would be like donating one million US dollars, but when the stock price is converted, the stock originally worth half a million US dollars could increase in price to four or five million US dollars. The key is that no one can find any fault with it.

"This……"

"On behalf of Reed, I would like to thank Feiyan Technology for its help to the Reed Family Charitable Foundation!" Sarah Reed no longer concealed anything at this time and agreed directly. At this point, there was no need to pretend anymore. Everyone would be considered "one of our own" from now on.

Johnny Reed serves as a consultant to Feiyan Technologies, and Feiyan Technologies donates to the Reed Family Charitable Foundation, so basically both sides are in the same boat.

After the meal, Yao Luoying watched Reed and Sarah leave in their car and said to Li Dongling, "This couple is really hard to deal with!"

Yao Luoying felt that dealing with the Reeds was more troublesome than managing Feiyan Technology.

"There will be people in America who are more difficult to deal with than the Reeds!"

Li Dongling shook his head and said that he actually hoped that Johnny Reed could climb higher, which would be more beneficial to Feiyan Technology.

Reed, who was also driving, looked at Li Dongling behind him through the rearview mirror and silently withdrew his gaze. This cooperation with Feiyan Technology also allowed him to enter the Silicon Valley Internet circle.

As long as the cooperation with Feiyan Technology is successful, other Internet companies will also extend olive branches to him in the future. Reed will then have his own base, and he will become the spokesperson for Silicon Valley Internet in the American Congress!
In the future, if the American Internet industry develops, Nari's power in America will become even greater.

As for the cooperation with Feiyan Technology, Reed had a hunch that this big money sponsor might be even more powerful than he expected. Moreover, if Himalaya Radio could really influence some votes, it would be a great achievement for Reed to pull Himalaya Radio into the Donkey Party camp.

However, Reed was not sure whether the founder and major shareholder of Feiyan Technology, both of whom were from inland areas, would cause trouble in the future. But at this time, Reed had few opportunities left. Cooperating with Feiyan Technology was one of the few opportunities for Reed to become the spokesperson for the American Internet. If he missed it, he would never have it again!
“Feiyan Technology and Himalaya Radio are honored to announce the invitation of Mr. John Reed as a consultant. He will provide important advice for the future development of Himalaya Radio!”

"Many Himalaya Radio podcast creators, including Jory Kings, who is known as a supporter of the flat-Earth theory and a federal social opinion leader, Toni, Logan and many other Himalaya Radio podcasters, have declared their support for New York City Councilman Reed!"

Feiyan Technology soon publicly announced that it had invited Reed to serve as a consultant, which was equivalent to attracting new supporters after attracting Sequoia Capital and Citigroup as backers.

Reed also appeared in the Silicon Valley media. It was also the first time that he appeared publicly in front of a group of Internet companies in Silicon Valley to express his attitude.

"Every American has the right to express his or her own opinions, and the podcast creators of Himalaya Radio also have this right. No one can stop them!
I will do my best to protect the rights of Himalaya Radio podcast creators to speak and create, and will also support the development of more Internet companies in Silicon Valley!"

Reed appeared in the media, expressing his support for the Internet industry passionately. He has also become one of the few powerful figures in America who positively supports the Silicon Valley Internet industry!

However, the effect was still significant. After Reed expressed his attitude, companies including Yahoo and Netscape made tentative donations to the Reed Family Charitable Foundation.

Not only Himalaya Radio, in fact, various Internet companies such as Netscape, Yahoo, eBay, Amazon, etc. are also urgently looking for spokespersons.

As an emerging industry, the American Internet industry also wants to expand its voice on Capitol Hill and in federal states.

Because only when the voices and opinions supporting the Internet become mainstream, can Internet companies obtain more policies and subsidies from the federal government and gallop forward without restrictions. No matter which industry the upstarts are in, they are very eager to expand their influence, and it is normal for newcomers to replace the old ones!
……

While Reed was showing off his acting skills in Silicon Valley, Li Dongling had relaxed. Himalaya Radio's business in America had stabilized, and the number of users in America was still growing rapidly.

Countless ordinary Americans want to change their fate by appearing on Himalaya Radio and become the next Jolly Kinsey, Logan, or Hainam. The number of new podcasts and users is increasing, and the daily clicks and traffic on the website are also rising, and more and more advertisers are pouring in.

Himalaya radio stations in English-speaking regions such as Canada, Britain, and Australia will also be launched in the near future, followed by coverage of old European markets such as France, Germany, and Italy.

Li Dongling and Yao Luoying visited several art galleries and exhibition halls in New York and attended an auction.

On this day, when Li Dongling and Yao Luoying were playing badminton in the gymnasium of the villa area where they rented, several groups of people from different places arrived in New York.

(End of this chapter)