Start a charity, it's where the money is

Discussion in 'The Howard Stern Show' started by SouthernListen, Oct 9, 2014.

  1. SouthernListen

    SouthernListen New phone who dis? VIP

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    • In a Lemonade Stand, a Transformation of the Corporation
    By STEVEN DAVIDOFF SOLOMON NOVEMBER 12, 2013 4:03 PMNovember 12, 2013 4:03 pm
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    CreditHarry Campbell
    Did you see the three guests of honor who rang the opening bell at Twitter’s debut on the New York Stock Exchangelast week?

    Twitter chose the three because they represented prominent users of the micro-messaging service. There wasPatrick Stewart, the actor of “Star Trek” fame, and Cheryl Fiandaca, the spokeswoman for the Boston Police Department. But the third, a 9-year-old girl in a blue princess dress, was the revolutionary in the group, one who may change the way nonprofits and perhaps even companies, are run.

    She is Vivienne Harr. When she was 8, her parents showed her a picture by the photographer Lisa Kristine of two young Nepalese boys hauling huge rocks on their heads down a mountain. The boys were holding hands for comfort. The quarry was filled with child slaves who were forced to undertake this task every day. Vivienne, who often wears princess dresses, started a lemonade stand to raise money to end child slavery with the goal of raising $100,000 by selling lemonade for a year. By day 173, she hit her mark, donating $101,320 to the charity Not for Sale.

    Vivienne’s success was spurred by a heart-rending cause, a cute face and a good tagline in the form of “make a stand.” But she would most likely have just been another lemonade stand if not for her father, a social media expert. Eric Harr was president at the time of Resonate Social, and his clients included CBS News and Lexus, among others. He led a media-savvy Twitter campaign that attracted national attention for Vivienne’s cause.

    What makes this feel-good story really interesting is what happened next. Instead of moving on, or even forming a nonprofit to continue those goals, Mr. Harr and his wife, as well as Vivienne, formed a business around this cause.

    Mr. Harr raised $982,000 in financing and incorporated Make a Stand. He quit his job and is now the chief executive. Make a Stand sells fair-trade, organic lemonade.

    But this is not all about profit. The Harrs took advantage of new laws adopted by the State of Washington that created a type of corporate entity called a special purpose corporation, which is intended to earn a profit for shareholders, but can take into account other social constituencies, such as a charity. Armed with venture capital, Vivienne has set out to conquer the lemonade business and end child slavery. Make a Stand will give 5 percent of its revenue to five charities to combat child slavery.
     
  2. Mlaw

    Mlaw Quite Contrarian VIP Gold

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    I went to a Bay City Rollers concert with Cheryl Finadaca when we were kids, her father was a fashion designer and he made her a Tartan Outfit---I thought she was so cool :facepalm:

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  3. nserafini

    nserafini Well-Known Member

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    5% huh; ain't capitalism grand :)
     
  4. Divorce Chicken

    Divorce Chicken Willy one plunge

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    #adrianpeterson
     
  5. Head Censor

    Head Censor Turgid Member VIP

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    Only where it intersects with progressive economics.

    You know, that special place where $1M in venture capital, plus what was probably a $250K marketing campaign, can be turned into a $100K charitable donation and everyone associated pats themselves on the back for the wonderful job they've done. :facepalm:

    Though still better than NSAL or Robin's 34 Foundation, I guess.
     
    Last edited: Oct 9, 2014
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  6. R.P. McMurphy

    R.P. McMurphy Well-Known Member

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    ...so the guy created a demand and a way to fill said demand plus the 5% of a nationwide distributorship will generate more money in the long haul for the charity's purpose. one thing viviennes dad didnt forget was charity starts at home.
     
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  7. Ashbeard

    Ashbeard Well-Known Member

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    Our local fire departments used to do huge charity drives to raise money for the Heart and Stroke foundation untlil they found out where the money goes and the ceo's making huge bank. Now they do their own charity work in the community and don't just piss away the donated money.
     
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  8. PelicanWig

    PelicanWig Beautiful Soup

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    Anyone that donates to NSAL is a fool. Anyone who donates to NSAL for the purpose of the Stern's charity is a fool and a fucking sucker.
     
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  9. nserafini

    nserafini Well-Known Member

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  10. AmishGirl

    AmishGirl Well-Known Member VIP

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    Hate the game, don't hate the player .... :ucoffee:
     
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  11. cdfree

    cdfree Well-Known Member VIP

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    Child labor laws are an offense to the free market. This little girl should be arrested and imprisoned along with her father.
     
  12. LaserT

    LaserT You have to have fun.

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    Or start a religion....


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  13. Wangold

    Wangold Well-Known Member

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    Word!
     
  14. Droog

    Droog Well-Known Member VIP

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    No one works the charity angle better than politicians. They're the best money laundering scheme available. I don't understand why the mob bothers to get into anything else. Virtually every politician with means to raise real money owns a charity. No need to bribe or give money directly. Simply give money to one's sham of a charity. The charity is run by a family member who takes most of the money out in salary and operating expenses that include fancy vacations, dining, and sporting events in the name of fund raising. There are no regulations as to how much a charity actually has to give away or the amount of expenses. Campaign finance reform would do nothing to touch these money laundering fronts.
     
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  15. SouthernListen

    SouthernListen New phone who dis? VIP

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    Social media has created the golden era of scamming suckers.