Rebirth 79: I opened a bank in the United States

Chapter 792 Positioning of Nonprofit Organizations
When someone complained about the words of the council, Carter understood that his off-court performance was basically successful!

The words of empathy, coupled with the predicament of the past, are put forward on such a day that should be celebrating the official end of the orientation work.
Look at today's board of directors, the majestic Yale undergraduate government, can't even pay for a banquet.They are all young men in their twenties, and they are all normal people. Who can have no complaints in their hearts? !
While mobilizing everyone's emotions, gradually clarify a common goal: make shows and make money without affecting normal affairs!

"Others can make money, why can't we! I'm fed up. Every time I go home and ask my mother for living expenses, my mother's strange eyes look like I'm usually lazy. She always asks why I don't talk to the neighbor Do part-time jobs like children, and rely on the family for everything.”

"Okay, who isn't? Don't complain, now that you have a direction, let's do it! I believe Carter will not harm us"

Looking at the screaming crowd, Carter smiled and stretched out his hand to press down.
"Let's do some division of labor, first of all, everyone's daily tasks: promote our talk show to friends around us, and attract them to actively contribute! Or, directly participate!"

"Of course, how to do this is up to you. If you want to perform on stage and earn more money, but you are only worried about not producing enough content, then you can just find someone to contribute to you! I don't care about the process, I just want to Look at the results! I hope that each person can submit at least one manuscript that is enough to support three 10-minute program durations. Well, it can also be multiple short-time ones, anyway, the total duration will vary. Less than three and ten minutes will do!"

There are about a hundred people in the council, that is to say, if you don't look at the quality.
A minimum of 3000 minutes and 50 hours of program time can be obtained each month.Even with a 50% elimination rate, 25 hours of program time can be selected, which is completely enough to meet the needs of the program broadcast!

On the supply side, with Yale still having tens of thousands of people who can participate in writing manuscripts, the potential is far beyond that
"no problem!"

"One article a month, if this can't be done, then I'm really sorry for the university we went to!"

"Carter, go ahead, what else do you want?"

"Well, the rest is some preparatory work and daily maintenance work. It's like this. Sometimes I think, since we are going to do it, we might as well play a little bigger and look farther."

Turning the wine glass in his hand, Carter's pupils looked extraordinarily energetic:
"Manfred, you will go to register the company tomorrow. First register the trademark and name of TED. Then you can also print out the 1023 non-profit organization application form from the IRS and fill it out."

"Does it need to be so formal?"

The so-called IRS 1023 application form is the application form for the identification of non-profit public welfare organizations.To put it simply, if a company obtains this certification, it is equivalent to getting a tax-exempt certificate from the IRS!
Not only is the organization’s income tax-free, but it can also legally and compliantly promise to donors that any money donated to the company or the organization can be used to offset taxes.Equivalent to an official endorsement!
And with this thing, even if there are financial problems in the future, it will be convenient to raise funds legally!
Backed by such a core resource as the Yale Alumni Association, how could Carter only think about using the three melons and two dates of the council? !
"Why not?"

Carter chuckled:
"Is there something wrong with what we have done? Will the proceeds of this TED project be distributed by the council? Is the council a school student organization? Then, if TED's profits enter the school, is this a kind of education? Donate?"

"This is what I think. In the future, TED will not be limited to Yale University. As an educational non-profit organization, all its profits will be donated to the education field. The money you receive is a subsidy from the council, not TED's profit! Definitely To understand this"

"If the project goes well, we can also use this method for other schools. For example, talk shows. If Harvard University also participates, then the proceeds of their program will be given to them, and the distribution method will remain uniform."

For the rest, Carter didn't need to explain too much, and everyone gradually tasted it.
What will happen when TED, which is a simple program production and money-making project, is turned into a public welfare project?
Even without mentioning possible donations from all walks of life and the qualifications to legally raise funds, from the perspective of the organization or project itself: the more participants, the greater the influence!In a disguised form, the program's audience, potential consumers and producers have increased!The more famous it is, the easier it is to attract famous people to join, such as famous people, big names!The profit, advertisers and other capital are the same, so it is easier to sell the price!

From a personal point of view, these profits will go to various schools.As the school, it can be said that the top of the students' power, can they not benefit?Carter made it very clear just now that they are getting subsidies from the council, not project dividends.
In addition, as the initiators and founders of the project, as long as there is no problem with their brains, a large number of managers in this organization are likely to come from Yale. This also means that their work problems
At least judging from the current situation in 83, the US job market this year is not very prosperous!Although as a Yale graduate, unemployment is usually not a problem, but there is a high probability that it will be unsatisfactory.
Hearing this kind of hint, the freshmen and sophomores may be fine, but the eyes of the seniors who are about to graduate have already lit up at this time!

If it can be in the preparatory stage, not to mention that it must make outstanding contributions, as long as it is played stably, it will play its due role.After that, when the organization starts to expand and needs full-time staff, will they be a priority?

"The legal representative and Carter, I have a question, if you donate to the school. The money may not reach us, the school."

I secretly thought in my heart that a chairman like Carter is capable and will come to trouble.There are also people who keep a certain degree of sobriety
First of all, as a student organization, the council itself has no power to accept social donations on behalf of the school.And when the money is in the hands of the school, how much money can be left for me?
"I don't know about other schools, and I don't care about it. But at Yale, the ratio I've discussed with Vice President Stevens is that we get [-]% of June [-]th!"

It seems to be working and contributing, but it still has to give the school [-]% of the income in vain, which is a big loss.But everyone understands that this is already ceiling-level treatment!
If it weren’t for the fact that Yale’s school administration is the weakest among the eight Ivy League schools, if it wasn’t for a strong leader like Carter in charge of the board of directors, if it weren’t for the “inner ghost” in the school’s leadership.
Besides, their job is to be students!

What's the matter, the original goal was just to... hope to get a certain amount of remuneration for working on the council.It's like doing a part-time job, as long as you don't do it for nothing, even ask yourself
Many people's initial goals are actually just:

Even if the income in the council is lower than that of ordinary part-time jobs, it is acceptable!Or like other associations, when there is nothing to do, there is no money; when there are activities, when there is something to do, if you contribute your strength and wisdom, you can get a little reward.
In other words, Carter's current promise has far exceeded their psychological expectation threshold!
(End of this chapter)