Chapter 52: The Only Undefeated Investment

Early the next morning, John returned to Washington after confirming that all Army aid had been loaded onto the ship. Pen? Interesting? Pavilion wWw. biquge。 info He is not Somerville, he has Yaxing who stayed in New York to meet His Majesty the King and Queen. With that skill, he might as well talk to Hughes about how to avoid taxes.

Based on the advice of a corporate tax advisor, it would be advisable for Hughes Aircraft Company to set up a corporate foundation to legally avoid taxes. This foundation can be a charitable foundation to which the company gives a portion of its profits each year, as long as it guarantees that 5% of it goes to charity.

Another option is to set up an operational foundation. This type of foundation is different from other foundations in that it does not issue grants, or its main activity is not to grant grants, but to provide direct services directly from the resources it has.

In contrast, both John and Hughes preferred the second option, which would be to establish an operational foundation dedicated to aviation science and technology research.

Although tax laws require such foundations to go directly to research projects with a higher percentage of funds than charitable donations from ordinary foundations, for Hughes Aircraft, it's just a different way of spending research and development dollars. They can donate their profits to the foundation, and then use the foundation's money to spend on their own company's R&D projects.

Eventually, John decided to set up an American Aviation Technology Development Foundation in the name of Hughes Aircraft Company and submitted an application for tax-exempt status to the tax department. According to the calculations of the company's tax advisers, the move could reduce Hughes Aircraft's overall tax rate by at least about 10 percentage points.

When John came home from all this, Adele gave him another big "surprise".

"What? Are you adopting two British children? "John Jue's Adele is pregnant stupid, "Don't you know that you are 7 months pregnant?" You don't have the time to take care of two more children! ”

Although John likes children, he is about to have two treasures himself, can he adopt two more from someone else's family?

"It's not adoption, it's foster!" Adele corrected her husband's conceptual error, "that is, to take care of them temporarily for a period of time during the war." ”

John knew what Adele was talking about. Britain itself is now increasingly insecure, and the wartime Cabinet has once again launched the "trickle" program aimed at evacuating urban children. Most of the children of ordinary urban families are sent to the countryside in Scotland, the mountains of Wales, and some to Ireland.

The Irish government, while refusing to allow the Royal Navy to use their port, agreed to receive some British children. These children will at least have access to more food and sunlight there, and will not have to stay in bomb shelters all the time.

Middle-class parents, who have a certain amount of financial power, plan to send their children to places farther away from the war. At first, they mostly arranged privately through relatives and friends in Canada, Australia, and the United States.

Later, the British government also felt that this arrangement was very good, which could not only ensure the personal safety of children, but also reduce the consumption of domestic materials. At the same time, mothers who no longer have to stay at home to care for their children can come out to work to make up for the labor shortage.

John vaguely remembers media reports that the British government had recently set up a body called the Overseas Reception Committee for Children to evacuate a group of children between the ages of 5 and 16 abroad, as if Churchill's wife, Clementina, had served in this agency.

"Did Mrs. Churchill look for you?" John knew that Adele had been in contact with Mrs. Churchill since her return from England, and had often donated money to the charity she troughed about, the Mother and Son House.

"It was Mrs. Churchill who sent me a telegram saying that many American families had applied for adoption, but that the British Embassy and Consulates were not in a position to check their eligibility, and that she wanted my help in this matter. But I can't help her now, so I don't want to ...... us" Adele also knew that her thoughts were a little reckless, and her voice became smaller and smaller.

Seeing Adele's pitiful look of doing something wrong, John couldn't bear to say anything. Pregnant women are at a time when motherhood is rampant, and with so much media coverage of the tragic plight of European children recently, it is normal for Adele to be soft-hearted.

"Okay, I didn't say I disagreed, but it's not a trivial matter, give me some time to think about it." John knows that about 100,000 British children were fostered overseas during World War II, and more than 20,000 children were taken in in the United States alone.

With the conditions of their family, not to mention fostering two children, it is not much of a problem to send ten or eight children, and they will all be sent to Grandma Susan's farm. John had to consider whether to intervene in the foster home eligibility review at Mrs. Churchill's request.

If this thing is done well, it is definitely a good thing for fame and fortune. Not to mention anything else, the gratitude of the more than 20,000 British families alone will be a lot of "wealth" in the future. However, if things go wrong, then he will be left with a stench for 10,000 years.

At that time, the Christian Brotherhood in Western Australia was investigated for mass child abuse and sexual assault in several "British Guest Boy" schools that operated by Western Australia. The Australian government has also had to apologize to the victims on several occasions, and the official in charge of this matter at the time will not be at peace until his death.

It was clear that neither John nor Adele could have focused all their energy on helping these British children. If they come forward and organize an NGO to operate this matter, they will cause themselves big trouble if they "overlook" for a while. Therefore, whether to do this thing or not, and how to do it, he has to think about it carefully.

John thought about it for a night and decided that it would be best for this "good thing" to be left to the Vanderbilt Educational Foundation, led by his cousin Alfred.

First of all, Alfred himself is a famous scholar and educator, and he has served as the president of Vanderbilt University for so many years, and his reputation among the people, especially in the educational circles, is much better than that of him, William, Harold, and other businessmen and politicians. At least his character and integrity will not be easily questioned.

Secondly, the Vanderbilt Education Foundation is also a long-established charitable organization established for more than 50 years, with a complete set of mature operating mechanisms. John remembers that the Foundation has had a long-term program dedicated to helping orphans, which has been running for decades. The Vanderbilt Education Foundation has extensive experience in inspecting and reviewing the qualifications of adoptive families, long-term follow-up visits, and ensuring the physical and mental health of adopted children.

The next day, John called Alfred to discuss the matter, and the other party expressed great interest. Alfred laughed when John reminded him that the number of British children evacuated to the United States could be very large.

"John, charity is not as simple as signing a few checks a year, you can also get involved in more charity work when you have time, the foundation's orphanage began to implement the FosterCare model ten years ago, don't you know?"

John didn't really know much about this kind of thing before, but after Alfred's explanation, he realized that with the development of educational theory, the importance of the family environment in the development of children is becoming more and more important. The Foundation's orphanage has long since shifted from providing intensive care services for orphans to funding the placement of children into individual families to raise them.

Alfred told John that the Foundation has funded more than a million people over the decades. More than 200,000 people now donate regularly to the Foundation every year, most of whom have received help from the Foundation. At present, the foundation has registered thousands of families who are willing to take in foster children, and John's previous fears are completely unnecessary.

However, after the end of "Popular Science", Alfred also praised John's performance: "John, this thing is very well done, William and Harold are not wrong this time. Remember, good deeds are the only unbeatable investment. ”

Putting down the phone, John reacted, and it seemed that this was the first time that Alfred had recognized him. Among the several bigwigs in the family, Harold was the first to appreciate and value him, followed by William, and cousin Cornelius was quite supportive of his son Cornelius Jr. because he had a good relationship with John.

Now, because of Adele's kindness, he has been recognized by the last boss of the family, which is really a surprise.