Breaking Up Is Better Than Divorce chapter 201

Korea Peace Fund

“And we plan to spend more than $10 billion annually for fundraising purposes.”

“If that’s the case, it’s going to have a huge impact.”

Peter Rooster, who made this proposal, was very satisfied with Eugene’s budget.

And Brian, who agreed to be responsible for the fundraising and execution, also agreed.

“Of course, not all of them will be used in the United States. Most of the profits we have earned so far are from overseas, so there must be expenses that are commensurate with that. We’re going to put half of that in the US and the rest abroad to help the poor.”

“If you are in the United States, the first thing that comes to mind right now is to apply for a food bank, right?”

The United States does not live up to its reputation as a global superpower, and there are many marginalized low-income people who cannot afford to eat.

It is reported that 50 million Americans suffer from food insecurity.

Moreover, since the Ronald Reagan administration cut the budget for welfare in the 1980s, support for these low-income families is being solved through food banks of charities rather than the state.

In fact, there is also an analysis that 1/6 of Americans go hungry if it is not for the various food banks in the United States.

The fact that the welfare system that the state should support is being solved through charitable organizations is a facet of the harsh social structure of the United States.

“good. If that’s the case, we’ll make food bank support our top priority.”

As it is now, the importance of food banks in the United States will become even greater with the unprecedented crisis that begins next year.

It’s just the right time In fact, Eugene had already made up her mind to use most of her donations for the next few years to pay for food for low-income Americans.

No one will be more memorable than the person who helped you when you were hungry.

“Next is education support for low-income families.”

Adeyemo and Brian calmly exchanged opinions on how to allocate Eugene’s resources.

“And one more thing. We will also implement Mr. Campbell’s plan.”

Another researcher in attendance, Campbell, also held significant senior positions in the Obama administration.

Eugene, who served as Assistant Secretary of State for Asia and Pacific Affairs and was in charge of the US foreign affairs in East Asia, asked him to study a way to enhance Korea’s status abroad.

“Raising a country’s international status is impossible in the short term. It will take at least 10 or even decades of investment and careful planning.”

Campbell, the highest authority on East Asia in the United States, suggested that the study of culturalization should be used in order to use Eugene’s wealth to elevate Korea’s status in countries around the world, first in the United States and in East Asia.

First of all, it was the opinion that it would be best to focus on the advancement of Korean culture into the world and, on the other hand, to spread funds indiscriminately to universities and research institutes in each country.

“In the United States, a lot of quick money has flowed into universities. Numerous scholars supported by Japan are producing research results that suit the tastes of Japan.”

“I know. Not only in the United States, but all over the world. Even in Korea.”

Eugene already knew this. The Japan Foundation, which was established as a foundation for the Japan Ship Promotion Association, established with the funds earned through the fishing business in Japan by Ryoichi Sasakawa, a Class A war criminal of World War II, recovered after World War II and spread the money accumulated from gambling around the world. have.

And scholars from each country who received these funds are helping to beautify Japan’s messy past through various research results.

As Eugene said, even the top-ranked universities in Korea are receiving these funds and presenting research results that confirm Japan’s claim.

Of course, if you’re a Korean, it’s a situation you don’t like, but Eugene thinks that no matter how much you hate someone, you have to learn if there’s something to be learned.

“In addition to private funds such as the Japan Foundation, the Japanese government is also distributing funds through various channels to nurture people who are friendly to Japan.”

What is unfortunate is that in Japan, even the owners of gambling establishments spend the money they have saved to rethink their country’s image, but Korean companies are very stingy about that.

“Funding research, especially at universities, and awarding scholarships to elite students takes some time, but it definitely pays off.”

“Then let’s try that too.”

The reason Eugene wants to create a fund and spend a lot of money to raise Korea’s status is not because he has a lot of affection for Korea.

Although he has already obtained US citizenship, Eugene will never be able to escape the reality of being from Korea.

Second- and third-generation immigrants born in the United States are also classified as Korean and Asian in the United States.

Compared to other ethnic groups, the reason that Asian immigrants are hardly settled in American society is partly because Asia’s status is so low and because they are a minority.

If Eugene could not overcome the limitations of being Asian and Korean in any way, the fact that she was Korean would give her an advantage.

First of all, he planned to make Americans and people from various Asian countries feel good about Korea, and ultimately, the whole world would be interested in and affection for Korea.

Through him, the title of being rich from Korea could make Eugene more familiar and lovable.

At the same time, the time is approaching when the craze of the Korean Wave begins to gradually overtake Asia.

Eugene will not miss this opportunity and will give strength to Hallyu culture.

In addition, like Campbell’s plan, he intends to spread abundant funds to academia in the United States and other countries.

“First, let’s create a fund. The tentative name is the Korea Peace Fund. Through him, we will raise $1 million in each of the top 100 universities in the United States.”

Yeah, it’s only worth a million dollars.

“We will continue to increase the size of the fund. From next year, a scholarship program for college students in the United States will also be offered. Our goal is to create a famous scholarship fund like the Rhodes Scholarship, and make it a level that elite students in the United States can try at least once.”

The Rhodes Scholarship, created by Cecil Rose, who made a fortune through the exploitation of the South African colony, is so prestigious that just receiving it is a great honor.

Although it has caused a lot of controversy as it is a fund created by African colonial exploitation, it is still difficult to deny the authority of the Rhodes Scholarship.

“A scholarship fund with such a status would require quite a lot of money and effort. of course… … If it was Eugene, there would be no worries. haha.”

Campbell briefly calculates the size of the budget he needs, then laughs at the amount of assets Eugene is known to have.

“In the United States alone, we will pay tuition and living expenses to at least 10,000 top elite students each year.”

Eugene did not hesitate to donate once he had made up his mind to donate.

“You’re going to need at least $780 million every year.”

If you add up the tuition and living expenses of a private university in New York, you will need about $100,000.

Not everyone will apply only to private universities, so if you count 10,000 people, that’s about it.

But now, no one in this place is sticking their tongue out. The person who said that he would use the donation of 10 billion dollars a year without hesitation was the water master.

“We plan to operate a similar level of scholarship funds for countries other than the United States.”

Outside the United States, scholarships can be given to more people for a fraction of the cost.

If it is awarded to the elites of each country, as Eugene requested, it is ultimately concluded that a certain part of the elites of each country can be made friendly.

Even if the friendly faction is unreasonable, at least the elites who have a favor with Eugene will lead each country.

The people who had gathered there continued to discuss how to use the funds Eugene would raise effectively.

Leaving the practical work to others, Eugene decided to gather Dali people and pursue a similar project in Korea.

[America’s world-class investor, Yujin Kang, said that he would raise a total of 10 trillion won in the next three years and use it to support the education of the low-income class, to subsidize college students, and to give young people more opportunities for social activities. The funds are expected to provide academic resources to hundreds of thousands of low-income minors each year.]

Eugene’s great charity continued without end, and, of course, the biggest repercussions come from the Korean people.

Until now, no Korean entrepreneur has done such a large-scale donation activity as Eugene, so the response of the citizens is bound to be very favorable.

In addition, many journalists who have received many things from Eugene in the meantime, diligently start posting articles praising Eugene’s donation.

[Americans take charity for granted.

Statistics show that nearly 70% of ordinary people, as well as the rich with billions or tens of billions of dollars, make donations as a habit.

There are a total of 1.5 million charitable organizations in the United States, each collecting a whopping $500 billion in donations.

It is ironic that the state is not taking care of the underprivileged through these donations, but in the case of Korea, which is spending at a lower level than the United States, there is no such donation culture, so the suffering of the underprivileged is rather greater than that of the United States. can

The amount of money donated by wealthy Americans every year creates an atmosphere in which the contributions of the rich are recognized in a capitalist society.

On the other hand, the amount of money spent by large Korean companies for social contribution seems really insignificant.

The total of the so-called five major groups is only tens of billions to 100 billion won.

And even then, the proportion of the target project cost is not very high.

The biggest problem is that these foundations, created for the public good, are actually being diverted as a means of corporate succession and inheritance.

Many of the public interest foundations established by the heads of large domestic corporations either do not engage in public interest activities at all after establishment, or engage in activities that only exceed 1% of their assets for profit.

Donating to public property is just showing the fact that it is only a means to pass the stake in the company to the children without paying inheritance tax.

In that sense, this donation by Chairman Kang Yu-jin comes to mind.

It is said that his donations are made entirely in cash, without using a stake in a specific company as collateral like other business owners. And all the funds raised will be used for the purpose.

Isn’t Korea now facing an opportunity to move to a higher level in the donation culture?]