Chapter 792: Positioning of Non-Profit Organizations

When he heard someone complaining about the council's words, Carter knew that his off-field performance was basically a success!

Words of empathy, coupled with past dilemmas, were raised on a day that was supposed to celebrate the official end of the orientation work.

Look at today's Board of Governors. The Yale Undergraduate Student Government can't even come up with money for a banquet. They are all young men in their twenties, and they are all normal people. Who can still have no complaints in their hearts?

?!

While arousing everyone's emotions, a common goal was gradually clarified: to make programs and make money without affecting normal affairs!

"Other people can make money, why can't we! I'm tired of asking my mother for living expenses every time I go home. My mother's strange eyes look like I'm usually too lazy to eat. She also always asks me why I don't go with the guy next door.

Just like children, they work part-time jobs and rely on their families for everything.”

"Okay, who isn't? Stop complaining. Now that we have a direction, let's do it! I believe Carter will not harm us."

Looking at the roaring crowd, Carter smiled and stretched out his hand to press

"Let's do some division of labor. First, everyone's daily tasks: promote our talk show to friends around us and attract them to actively contribute! Or, participate directly!"

"Of course, it's up to you to decide how to do this. If you want to perform on your own and make more money, but you're just 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

Look at the results! I hope that each person can submit at least one manuscript to me every week, or every month, which is enough to support the thirty-minute program duration. Well, it can also be multiple short-term ones, anyway, the total duration is not

Just less than thirty minutes!”

There are about a hundred people on the board of directors, which means that if quality is not considered.

At least enough manuscripts can be obtained every month to support 3,000 minutes and 50 hours of program duration. Even if the elimination rate is 50%, 25 hours of program duration can be screened out, which is completely sufficient to meet the needs of program broadcast!

On the supply side, as Yale still has tens of thousands of people who can participate in writing manuscripts, the potential is far greater than that.

"Okay! No problem!"

"One article a month. If we can't do this, it would be a shame for the university we go to!"

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

"Well, the rest is just some preliminary preparation work and daily maintenance work. That's it. Sometimes I think, since we have to do it, we might as well play bigger and look further."

Turning the wine glass in his hand, Carter's pupils looked particularly bright:

"Manfred, you will do some company registration tomorrow. First register the trademark and name TED. Then print out a copy of 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 refers to the non-profit public welfare organization certification application form. To put it simply, if a company obtains this certification, it is equivalent to obtaining an IRS tax exemption certificate!

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 organization can be used to offset taxes. It is 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!

With such a core resource as the Yale Alumni Association, how could Carter only think about using the three melons and two dates of the Board of Directors?!

"Why not?"

Carter chuckled:

"Are there any problems with what we are doing? Should the proceeds from this TED project be distributed by the board of directors? Is the board of directors a school student organization? So if TED's profits enter the school, is it considered a form of education?

Donate?”

"This is what I think. In the future, TED will not be limited to Yale University. As an educational charity organization, all its profits will be donated to the education field. The money you receive is a subsidy from the board of directors, not TED's profit! It must be

Understand this”

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

For the rest, Carter didn't need to explain too much, and everyone gradually got a taste of it.

What will happen if TED, a purely program production and money-making project, is turned into a public welfare project?

Even without mentioning the possibility of receiving 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 other words, the audience range of the program, potential consumers and producers increase.

!The greater its reputation, the easier it is to attract people with fame and fortune to join, such as fame, big names, profits, advertisers and other capital. This also makes it easier to sell at a higher price!

From a personal point of view, these profits will go to each school. As the top of student power in the school, how can they not benefit? Carter just made it very clear, they receive subsidies from the council, not project dividends

.

In addition, as the initiators and founders of this project, as long as everyone at Yale has no problem with their minds, 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 1983, the U.S. job market this year is not very prosperous! Although as a Yale graduate, unemployment is not usually a problem, but there is a high probability that it will not be satisfactory.

After hearing this hint, the freshmen and sophomores may be okay, but the eyes of the seniors who are about to graduate have already lit up!

If it can be done in the preparatory stage, not to mention making outstanding contributions, as long as it plays a stable role and plays its due role. Then, when the organization begins to expand outwards and full-time staff are needed, will they give priority?

being considered?

"As for the legal representative, Carter, I have a question. If we donate to the school, the money may not reach us, the school."

I secretly thought in my heart that Chairman Carter is still capable and will come up with troubles. There are also people who maintain a certain level of sobriety.

First of all, as a student organization, the council itself has no authority to accept social donations on behalf of the school. And once the money is in the hands of the school, how much money will be left for itself?

"I don't know about other schools, and I have no control over them. But at Yale, the ratio that Vice President Stevens and I are talking about is that we get 60% of the 64!"

It seems that despite working hard, he still has to give the school 40% of the income in vain and lose a lot of money. But everyone understands that this is already a ceiling-level treatment!

If it weren’t for the fact that the Yale administration is the weakest among the eight Ivy schools, if it weren’t for the strong leader like Carter at the helm of the Board of Governors, and if it weren’t for the fact that there was a “ghost” in the school leadership.

Besides, their job is to be students!

What the heck, the original goal was just to get a certain amount of remuneration from working on the board of directors. It’s like working part-time, as long as it doesn’t go in vain, I even asked myself

Many people’s initial goals are actually just:

Even if the income from working on the board of directors is lower than that of ordinary part-time jobs, I can accept it! Or just like other societies, there is no money when there is nothing to do; there are activities and when there is something to do, I contribute my efforts and wisdom, and it will be more or less.

You can get some reward.

In other words, Carter's current promise has far exceeded their psychological expectation threshold!
Chapter completed!