Reborn in America, I'm serious about making money.
Chapter 188 To Carry Charity to the End
"Thank you for the donations from around the world. We will keep you informed about how these funds are used."
After the last incident, the Stephen Global Philanthropy Foundation naturally gained worldwide fame and received more than 20 million US dollars in donations, and the donations are still increasing.
As a tech giant, Zhang San naturally has an official website with servers located in four locations around the world, and it facilitates money transfers via online PayPal, which is very convenient.
The charity's first project was to donate food to Africa, large quantities of corn were shipped from North America, and photos were taken everywhere.
"Our foundation's charitable act has received support from Ms. Charlene, an actress from Africa, who will star in a charity film. The profits from this film will be used to fund food-scarce regions."
"Our education spending will be used to build school buildings in some impoverished areas."
A group of people came to the southwest region of mainland China. Their purpose was to build school buildings here and name them Zhang San Elementary School, Zhang San Middle School, and Zhang San High School.
Although the locals seem to think it's childish, there are actually people named Zhang San!? Or is he a world-class billionaire? He has a fortune of 3.5 billion, although it's still shrinking, but he's still a world-class billionaire.
The group was led by a large number of foreigners, Hong Kongers, people sent by the province, and foreign journalists.
After arriving in the southwest region, a meeting was held.
Hansen, a very burly and earnest German, said in English at the meeting: "We will spend ten years here building or rebuilding ninety-nine schools. We are the Stephen Global Charitable Foundation, and we will find the best construction teams to build the sturdiest schools..."
The translator translated these words verbatim. After he finished speaking, someone from Hong Kong continued, "This is purely a charitable activity, so there will be no other motives involved. We hope you will also purely help us complete this noble and great task. These reporters are from Beijing and Guangzhou; they will record everything..."
In fact, building these schools doesn't require much money. Besides, it's 1998 now. Building an ordinary school only costs around 200,000 RMB. If you want to build a sturdy school, you need 1 million RMB. If you want a very sturdy one, you need 2 million RMB. Therefore, the investment for this school is 2 million RMB.
Next, after going through various procedures, the donation ceremony was completed. The money will definitely not be paid all at once. There will be a 30% down payment, and payments will be made in stages after each successful inspection.
What happened next was beyond Zelin's comprehension.
Over the next three months, he saw a primary school built very quickly and of very high quality, meeting the requirements for resistance to LV8 and above.
Of course, this is something.
Hansen came to the southwest of the mainland, where he earned a very high salary. His wife was a kind-hearted woman who was also a philanthropist.
We were invited by the Stephen Philanthropic Global Foundation to build a school here.
After living here for a month, they told reporters, "This place really needs the light of charity to shine here. We thank the Stephen Foundation for giving us the opportunity to do good deeds."
Having heard about the situation in mainland China, Kwan Mei-yan donated eight million Hong Kong dollars in her personal capacity to aid in flood relief efforts.
How does she have so much money?
She's quite wealthy now, ranking among the top women in Hong Kong, with a net worth of HK$1.6 billion. This HK$8 million is just a drop in the ocean. In her previous life, she also donated a lot of cash to mainland China.
Upon hearing the news, He Meitian and Chai Xiaofen also donated HK$10 million together.
The money for the two of them mainly came from the fund that Zhang San set up for them and their child. Each of them had a monthly credit limit of $500,000, totaling $6 million a year. This $6 million could be accumulated, but could not be withdrawn directly. Naturally, they had a credit card that they could use.
The donation naturally came from here, and Zhang San allowed it. As long as the donation wasn't used by other men, he was completely in favor of it.
Zhang San also had the Stephen Charitable Foundation donate money and supplies, especially tents and speedboats. In addition, Lihua Supermarket, a subsidiary of Lihua Group, donated 100 million RMB worth of instant noodles, bottled water, tents, speedboats, disinfectants, canned goods, etc.
Lihua Express Hotel provides free accommodation, food, and hot water, giving them a place to rest. Lihua Express Hotel also has a large number of rooms.
Lihua Express Hotel suffered a loss of 50 million yuan in revenue during this period. Naturally, this warrants a tax reduction.
Twenty million US dollars were spent by the Stephen Foundation in the blink of an eye. As for how to explain it? You can check the accounts. Apart from the charitable costs, all the rest was used up.
Doing charity has costs. Hiring employees costs money, financial supervision costs money, travel expenses cost money, and the foundation's location costs money.
With so many areas requiring investment, the cost is naturally very high. If 60% of the $20 million investment is used by those who need it, that would be a very good conversion rate.
During this busy period, Zhang San received good news: there had been progress on the island nation of Higashi.
"Boss, the MP3 player is basically finished. We're just waiting for their micro hard drive to arrive for final testing."
The person in charge of this project reported to Zhang San. Although outsiders thought Zhang San only had a mere 3.5 billion US dollars, his employees would not believe it.
In their eyes, the boss was an unfathomable person. Despite having to repay the loans of two of the richest men in the bank, there was a rumor circulating internally that the bank belonged to the boss, just a matter of money being transferred from one hand to the other. However, there was no evidence, so no one knew to say anything.
Actually, what they meant by not having money was that although Wing On Bank was replaced by Hito Bank, one of its branches was separated from the group and became an independent branch.
Some of these loans will eventually flow into this bank through various channels.
The banks now hold a large amount of gold, which can be said to be Zhang San's anchor. As long as he doesn't act recklessly, he will never have to worry about his future.
"Can this MP3 player and microdisk be used on a mobile phone?"
After hearing the report, Zhang San raised a question, but his question was not meant to be difficult for the other party.
"Yes, but it requires a highly integrated chip, and the development time is relatively long."
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