Chapter 775: On "China's Charity"!

Lin Yu thought for a while and said, "To be honest, our Lin Consortium just invested in Putong in China, and its plan is about 100 billion US dollars. If our consortium tells us about the donation of 50 million US dollars to Kuwait, it is impossible to be famous. You should know that the Lin Consortium is Rothschild of Asia and Rothschild of Europe. What we need is low-key. If China's investment is not too wide, we will not expose it. Therefore, for the low-key and secret of our consortium, we hope that your country can keep it secret for us."

In fact, there is another reason. Lin Yu did not say that the Chinese consortium made so much money. If it did not donate to the people in China, it actually went abroad to donate. The people in China would have ideas. They might not understand how to repay their kindness, but they definitely know what it means to join in the fun.

If one person picks up, more people will follow the trend. This is the national situation and it is inevitable.

Moreover, China's charity is essentially different from that of European and American countries. In Europe and the United States, 10% of those charities are private charities, among which public funds account for only a small proportion. If these charitable organizations want to carry out public offering activities, they can be carried out as long as they obtain the government's administrative license every year. In China, more than 99% of charitable organizations are public charities. If private charities want to be established, they must be affiliated with public institutions, that is, they can find a mother-in-law to manage them. Only then can they apply to the national civil affairs department for establishment.

Many units are not willing to appoint private charities and assume this responsibility and risk. Because these units will worry about the "civil nature" of charities. They are afraid of political risks and fear that if there is corruption during operation, this will easily arouse public outrage and thus affect the unit. However, if it is held from top to bottom, the controllability will be stronger. Almost 100% of the existing charities in China have official backgrounds and are foundations organized by government departments themselves from top to bottom.

Charities of this nature have great disadvantages. Since they are official institutions, the officials of charity must be responsible to the government and the leaders. In short, in order to protect the shady hat, they must listen to the government. In addition, the financial situation is extremely opaque, and it is difficult to find out the whereabouts of all donated funds and materials, which is easy to cause charity funds to be misappropriated by government agencies. Charity donations have become welfare funds for government departments. Moreover, the staff of these charity organizations are not very enthusiastic about their work because they receive government wages and hold iron rice bowls. They do not place the protection of donors' emotions and respect the rights of donors at the most important position, which is not conducive to stimulating the public's enthusiasm for charity. Moreover, these charities are introducing talents, policies, directions, and implementation. There are many restrictions to become bigger and stronger.

Lin Yu remembered that in his previous life, a charity once announced its financial expenditure, of which only 30% of the expenditures were used in charity, and the remaining 70% became administrative expenses of charity. According to reports, for every charity fund raised by British charities during the same period, 120 pence was directly used for various charity aid. There was also 100 pence for further fundraising. Generally, these expenses could be used to raise another pound of charity funds, of which only 20 pence was used for administrative management expenses. In other words, administrative expenses only accounted for about 10%.

Many charities do not have any bus for management to use. The paper used for printing documents in the office must be used both on the front and the opposite side. Managers are not allowed to take business class when going abroad. Charities with annual administrative expenses of over 10,000 UK sales not only have to submit financial statements to British charity management agencies for auditing every quarter. They also have to be inspected by external audit agencies at the same time. The proportion of administrative expenses of large international charities such as the International Red Cross, Save the Children's Foundation and the International Vision will never exceed 10%. Such a result. How can those who intend to donate disappoint?

The subsequent "Guo Meimei" incident was hyped up. The credibility issue of the Chinese Red Cross behind this is thought-provoking. How can charitable organizations ensure openness and transparency to the outside world and have a clear conscience at the inside has become the focus of hot discussion among Chinese people. Compared with criticizing some bad phenomena in China, learning the advanced foreign charitable organizations supervision and management methods is a more important lesson.

The UK has a history of hundreds of years of private charity, with nearly 200,000 officially registered charitable organizations in England and Wales. These organizations mainly focus on poverty, disease and public welfare culture, not only participate in disaster relief, but also engage in poverty alleviation and helping vulnerable groups all year round to fill the gaps for the government.

As the most developed country in Europe, in 1860, the British government specially established a "Charity Committee" to supervise and regulate the behavior of charitable organizations. The committee put forward many specific requirements and standards for the governance structure, investment behavior, financial management and audit systems within charitable organizations. To ensure that charitable organizations comply with these rules, the British government has formulated a series of supervision and evaluation systems.

This system made Chinese charities see it, and they could be jealous, slapped in the face, and their faces were burnt. Of course, this was just imagination. In fact, when the officials of those charities saw this, they threw it into the trash can, and then took a private car to a five-star hotel to eat, drink, have fun and find women.

Well, I can only say that it is not that Chinese officials don’t want to do this, but they have to do this according to your British regulations. So whoever you let us eat, drink, and play with whom? How do you let us buy a private car? How do we get a mistress and find a mistress? How do we go to travel around the world in the name of tolerance? How do we train a few more talents like "Guo Meimei"?

There is a saying that comes from it. Others call me too greedy, and I laugh at the Chinese people for not seeing through it.

So, money is still greedy, mistresses still have to be covered, mistresses still have to be found, private cars are still bought, travel is still required to be tolerated, and five-star "Guo Meimei" is still needed to be trained...

"May Allah bless the Lin family consortium." Prince Abdullah praised. Dudleywei laughed twice, but in his heart he cursed Lin Yu and the others for his cunning. Although these Arabs are also very cunning in commercial trade, it takes not only patience but also wisdom to reach an agreement with them. However, these Arabs are also very generous to their friends. When meeting with locals in Arabs, it is best not to easily appreciate their watches, buckles or other supplies. Arabs are often generous and generous.

The venue gives you these things, and if you don’t accept them, it will hurt his feelings. Dudley remembers that a few years ago, a Japanese went to Kuwait to buy oil. At that time, he only praised the other party’s car, but a luxury car worth millions of dollars went into his pocket. If Lin Yu really could get the friendship of the Kuwait royal family members, then once Kuwait was restored, as long as the underground oil did not have lighting, the benefits would not be rolling in! The 50 million dollars would be unfair!

Prince Adula handed the check to his servant to collect it, and naturally became more enthusiastic about Lin Yu. Prince Abdula cordially called the three of them to go to the restaurant for dinner.

Compared with the Arabian meal Lin Yu had yesterday, the banquet prepared by Prince Abdullah was naturally extremely sumptuous, and the chef's craftsmanship was even more exquisite. Fortunately, after some practice yesterday, Lin Yu was alert all the time and did not make any jokes.

"Lin, where do you live?" Prince Abdullah asked casually. Now he no longer calls Lin Yu Mr. Lin, but calls him "Lin"

"We came in a hurry, and we are not familiar with the situation here, so we live in the office of Lin Shipping Group in Saudi Arabia. If you have any problems, it is convenient to find someone to help you." Lin Yu washed his hands in the clean water beside him. This hand could not be used, which made him feel very uncomfortable.

"In the office?" Prince Abdullah frowned slightly. He was a little confused. Why didn't Lin Yu, who could give out tens of millions of dollars unconditional donations, live in a luxury hotel?

He waved his hand and called the servants, and gave a few words in a low voice. Then he turned to Lin Yu and said, "Lin, I have a small villa here, located by the sea. If you don't dislike it, you can live there during these days when you stay in Saudi Arabia. If you have anything to do, you can take you there. You are my honorable guest, so you don't have to be restricted there. Just use everything at your own home."

Lin Yu was shocked, and he didn't expect that this person had found a place for him to live. Just as he was about to refuse, Prince Abdullah had already said solemnly: "Lin, this is a friend's wish!"

Dudley also winked at him repeatedly. In Arabia, if there is no better reason for such a thing, if there is a better place to stay, it would be better to agree to it, otherwise Prince Abdullah would think you look down on him.

Lin Yu nodded and said that Prince Abdullah smiled and after the meal, his servants gave him various refreshments.

Lin Yu looked at the time and it was already nine o'clock in the evening, so he stood up and said goodbye. Dudley naturally stood up.

Prince Abdullah stood up and saw him off. When he walked to the door, the servants next to him brought two copper incense burners. The charcoal fire in the furnace was burning sandalwood and fragrant green smoke. Prince Abdullah handed it to the two of them with his own hands. After Lin Yu and Dudley took it, they slapped the cigarette in their arms a few times, and handed it back to Prince Abdullah. Then they dripped two drops of perfume and repeated the etiquette when entering the door.

I have to say that the etiquette of Arabs is really troublesome, but it is also very interesting... (To be continued. If you like this work, you are welcome to come to Qidian to vote for recommendations, monthly votes, and your support are my greatest motivation.)
Chapter completed!