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A Hong Kong Businessman s Search for a Way to Help the Third Sector

The 64 Million Dollar Question. Now that I have the time and money to do anything I want to do What do I want to do?. Andrew Carnegie's Gospel of Wealth". If you make a substantial fortune, there three ways you can leave your wealth.There are two poor ways to pass it on.There is one good way

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A Hong Kong Businessman s Search for a Way to Help the Third Sector

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    1. A Hong Kong Businessman’s Search for a Way to Help the Third Sector By Po Chung Creative Foundations Ltd.

    2. The 64 Million Dollar Question Now that I have the time and money to do anything I want to do… What do I want to do?

    3. Andrew Carnegie’s “Gospel of Wealth” If you make a substantial fortune, there three ways you can leave your wealth. There are two poor ways to pass it on. There is one good way to enjoy it.

    4. First Way—The Wrong Way, Without a Will Government takes 40% Relatives’ lawyers fight over the rest Lawyers take 20% The rest ruins your children and grand children’s lives because they never have a chance to earn a living and a healthy self-esteem.

    5. Second Way—The Okay Way, Leave a Will Wife and children are taken care of appropriately: good education and good working ability. Wealth is given to an existing charity upon your death. Not much satisfaction because you are supporting someone else’s vision.

    6. Third Way—The Best Way, Spend it on Good Deeds Give children a good education. Start them off with a house. Let them earn their own living and a good self-esteem. Create your own Vision. Start your own charity and run it like a business. Run it for 10-15 years yourself and then turn it over to a professional business team.

    7. The Search for My Own Charity I don’t want to be a “Me Too”. I want to be passionate about it. I want to be good at it. I want to stay excited about it. I want it to be in alignment with my personal values.

    8. My Decision I will start a charity organization that will help other organizations to do a better job. In order for them to do a better job, they should regularly reexamine what they are doing. In other words, they should do periodic strategic reviews.

    9. Creative Foundations Initiatives for Change

    10. What do we do? Creative Foundations provides a workshop for Board Members, Senior Level Staff and key stakeholders to discuss:

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