Tuesday, July 23, 2013

1 Way 2 Beat Paying Taxes On U'r Billion$

Give It All Away!

"He has given away 99 per cent of his fortune to health, science, education and civil rights causes around the world through his Atlantic Philanthropies Foundation.

Chuck Feeney, who still has a sizeable $2 million left in the bank, made his money from duty free shopping and quietly began giving his money away in the 1980s...

...Feeney, who was raised by Catholic parents in an Irish-American New Jersey neighbourhood during the Depression, preferred to use his influence and connections during his lifetime rather than letting his money be frittered away after his death."

Making the Most of Our Final Years – An Update
Christopher G. Oechsli, President and CEO, The Atlantic Philanthropies
"We are now squarely on the trajectory that our founder, Chuck Feeney, and Atlantic’s Board of Directors established for us in 2002: to conclude all of our grantmaking by 2016.

* By the end of 2014, we expect to have committed the vast majority of our core programme grants in the United States, Republic of Ireland and Northern Ireland. We have already winnowed down several of our grantmaking priorities in these regions.

* We will complete all our grantmaking by 2016."


This whole thing reminds me of the 2000 movie "Pay It Forward"

An inspiring 5 minute clip from the movie
Wikipedia: "Pay It Forward": "'Pay it forward' is implemented in contract law of loans in the concept of third party beneficiaries. Specifically, the creditor offers the debtor the option of paying the debt forward by lending it to a third person instead of paying it back to the original creditor.


Pay It Forward: Random Acts of Kindness Soundtrack sung by Israel "IZ" Kamakawiwoʻole

Some Youtube examples of 'Paying It Forward' in real life


It seems in the media and on blogs all we hear about are the bad actors. It's my hope if you take anything away from this post it's that there are tons of good people doing good things. Too often all we hear about is our reliance on government instead of each and other. Imagine "if more people were for people, all people everywhere, there'd be a lot less people to worry about and a lot more people who'd care".

The 'Up With People' organization is another fantastic movement which began in the mid 60's. Despite what people may take away from my current posts I am and always was an optimist. Back in my radio broadcasting days, I was inspired to do several programs with the local Lehigh Valley 'Sing Out' organization's singers and their leaders. Those stories would make a post in itself. Perhaps some other time as this has become too lengthily already :-)

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